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Millicom

BSNL ruled out as race hots up for Tigo Sri Lanka

Millicom has rejected a bid by Indian state-owned operator BSNL to buyout its Tigo-branded mobile network in Si Lanka, reports India’s Economic Times

Tigo Rwanda to launch by year-end

Luxembourg-based operator Millicom plans to launch mobile operations in Rwanda under the Tigo brand by the end of the year, reports Telegeography citing local daily The New Times.

Etisalat buys Millicom’s Sri Lankan ops for US155M

Luxembourg-based Millicom has sold its Tigo-branded mobile network in Sri Lanka to Etisalat for US$155 million in cash, ending months of speculation over the identity of an eventual acquirer. Previous names in the frame include Bharti, BSNL, VimpelCom, Axiata and NTT Docomo.