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Message: <blockquote data-quote="siyalladath" data-source="post: 5705308" data-attributes="member: 227945"><p><strong><span style="font-size: 18px"><span style="color: Blue">Emirates Telecommunications Corp (Etisalat) said on Saturday it has bought Tigo Sri Lanka, a unit of Millicom International Cellular, for 207 million dollars amid growth opportunities in the southeast Asian country.</span></span></strong>  </p><p>  <strong><span style="font-size: 18px"><span style="color: Blue">Tigo Sri Lanka, the second-largest mobile phone operator in Sri Lanka, has a market share of 21 percent. By September 2009, it had 2.25 million subscribers, Etisalat said.</span></span></strong></p><p>  </p><p>  <strong><span style="font-size: 18px"><span style="color: Blue">‘Both Sri   Lanka as a country and Tigo Sri Lanka as a company provide opportunities for further growth,’ Etisalat said.</span></span></strong></p><p>  </p><p>  <strong><span style="font-size: 18px"><span style="color: Blue">Standard Chartered Bank acted as financial advisor to Etisalat for the acquisition.</span></span></strong></p></blockquote><p></p>

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