Bharti Airtel considering bid for Millicom SL

Bharti Airtel CEO, Manoj Kohli told reporters in India that Airtel may bid for Millicom’s Sri Lankan operation. Bharti already operates in SL.

Wireless Federation had earlier reported that Millicom/Tigo Laos has been sold to Russia’s Vimpelcom.

Bharti is actively considering acquisitions in Africa and the world over after the talks with MTN collapsed.

Bharti group CEO Sunil Mittal has said that the company won’t engage in dialogue with MTN for a third time, after inconclusive talks twice.

Nasdaq-listed Millicom provides prepaid cellular telephony services to over 30 million customers in 16 emerging markets in Latin America, Africa and Asia.

Asked if Bharti Airtel was also interested in Kuwait’s Zain Telecom,  Kohli said they will continue to explore international acquisitions. (Airtel-Zain, See Here)