Article: India's BSNL to bid for Millicom Sri Lanka unit

Article from:
Colombo Times
Article date:
September 17, 2009
Copyright

Sri lanka, Sept. 17 -- Indian Bharat Sanchar Nigam Ltd joined Etisalat in the race to buy Millicom's Sri Lankan operations, with the chairman of the state-run telecom saying on Wednesday a bid had been made.

The UAE's Emirates Telecommunications Corp (Etisalat) said on Monday it had bid for the Sri Lankan assets.

Media reports said Indian market leader Bharti Airtel, which recently started mobile operations in Sri Lanka, was also looking at the Millicom unit, Celltel, to help it expand rapidly there.

BSNL chairman Kuldeep Goyal did not provide further details of the bid for the Millicom unit when asked about it at a media conference called for another matter.

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