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Etisalat launches operations in Sri Lanka (Digital Media Europe)

Mar 1, 2010 4:16:26 AM - yahoo.com
(Telecompaper) UAE operator Etisalat has launched its operations in Colombo, Sri Lanka after its acquisition of the Tigo mobile firm, targeting 1 million customers by the end of the year, reports the Daily Mirror. Etisalat acquired a 100 percent stake in Tigo Sri Lanka, a subsidiary of Millicom International Cellular, for an enterprise value of USD 207 million. Etisalat is expected to bring in ...