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Tigo

MMS 2010: Seven new mobile money projects set for launch

Seven new projects are to be deployed as part of the Mobile Money for the Unbanked (MMU) Fund, the GSMA announced today.

Telefonica invests US180M in HSPA in Colombia

Spanish-owned Latin American mobile giant Telefonica plans to invest CLP465 billion (US$180 million) in extending its GSM and HSPA networks in Colombia, reports Dow Jones Newswires citing a company statement.

Millicom close to sale of Asian mobile networks

Millicom, the telecoms firm that operates the Tigo-branded mobile networks in Asia, Africa and Latin America, has said that a number of potential buyers have expressed interest in acquiring its Asian businesses.

Millicom sells Sierra Leone network

Cellular News reports that Millicom International has sold its Sierra Leone subsidiary to Africell Holding for an undisclosed amount.

Report: Etisalat interested in Sri Lanka

Telecompaper, citing a report in Lanka Business, notes that UAE-based operator Etisalat is considering an investment in Sri Lanka now that the military aspect of its long civil war has largely concluded.

Bharti eyes Tigo, plans Sri Lanka merger

Indian mobile giant Bharti Airtel is mulling a bid for Millicom’s mobile business in neighbouring Sri Lanka, one of the three Asian mobile networks the Luxembourg-based firm put up for sale last month.

Etisalat bids for Tigo

TeleGeography notes that Etisalat has submitted a binding offer to buy 100 percent of Millicom’s Sri Lankan operation Tigo.

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.