mobileVAS

September 24, 2009

Millicom to exit Asia totally by Q1 of 2010. Sells Laos share to Vimpelcom for $66 Million.

Filed under: ASIA,Axiata,Axiata group,BSNL,Bharti,CamGSM,Cambodia,Celltel,Celltel Lanka,Dialog,Etisalat,India,Laos,Malaysia,Milicom,Millicom,Mobile,Mobitel,Regulator,Royal Group,Royal Telecam,Russia,Sri Lanka,Tigo,UAE,VimpelCom,mobile operator,telecam — Editor @ 2:21 am

Millicom has agreed to sell its GSM business in Laos to Russia’s VimpelCom and has bidders lining up for its Sri Lankan operations, the sale of which will end Millicom’s activities in Asia. VimpelCom will pay about $66 million for Millicom’s 78 percent stake in Millicom Lao Co. Ltd.
Last month Millicom agreed to sell its [...]

Millicom to exit Asia totally by Q1 of 2010. Sells Laos share to Vimpelcom for $66 Million.

Filed under: ASIA,Axiata,Axiata group,BSNL,Bharti,CamGSM,Cambodia,Celltel,Celltel Lanka,Dialog,Etisalat,India,Laos,Malaysia,Milicom,Millicom,Mobile,Mobitel,Regulator,Royal Group,Royal Telecam,Russia,Sri Lanka,Tigo,UAE,VimpelCom,mobile operator,telecam — Editor @ 2:21 am

Millicom has agreed to sell its GSM business in Laos to Russia’s VimpelCom and has bidders lining up for its Sri Lankan operations, the sale of which will end Millicom’s activities in Asia. VimpelCom will pay about $66 million for Millicom’s 78 percent stake in Millicom Lao Co. Ltd.
Last month Millicom agreed to sell its [...]

Powered by WordPress