Home Airtel, Axiata to merge operations in Sri Lanka - report
 

Keywords :   


Airtel, Axiata to merge operations in Sri Lanka - report

2016-02-11 13:43:00| Telecompaper Headlines

(Telecompaper) Indian mobile operator Bharti Airtel is in talks to merge its Sri Lanka unit into Dialog Axiata. The transactions involves a share-swap deal, ET reports, citing two unnamed people familiar with the matter. A potential Airtel Lanka-Dialog Axiata merger will be similar to the recent merger of Bharti Airtel and Axiata's telecom units in Bangladesh. Axiata will be the dominant shareholder and Airtel a strategic minority holder in the combined entity, the same sources added.

Tags: report operations sri lanka

Category:Telecommunications

Latest from this category

All news

»
23.11 10
23.11MusyaPop210
23.11S.H.Figuarts
23.11 Kanye West
23.11
23.111TC
23.11
23.11abe
More »