Airtell buy Tigo

Sri Lanka airtell owner Bharti Airtell India is going increase their market share by buying millicom owned Tigo. Tigo is the third largest mobile operator in Sri Lanka having more than two million customers. Bharti Airtell will cost something like $100 to $135 million for the acquisition. Millicom (Tigo owner) is reportedly keen to divest other Asian operations in Cambodia and Laos.