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Etisalat 'eyes Lanka investment'
- United Arab Emirates: Tuesday, August 04 - 2009 at 12:08
UAE-based Etisalat is scouting for investment opportunities in Sri Lanka's telecom sector, according to Sri Lanka's telecom regulator, quoted in Lanka Daily. A senior Etisalat official, who was on a scouting visit to the island, was told by the Sri Lankan Telecommunications Regulatory Commission (TRC) that the country is open for investments into new or existing operations. In 2006, Etisalat had said they were looking for investments in mobile operations in Sri Lanka, Greece and Yemen. Sri Lanka's mobile operator Tigo has now been put up for sale by its parent company Millicom International Cellular as part of an exit from Asian operations.
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StaffTuesday, August 04 - 2009 at 12:08 UAE local time (GMT+4)
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