Ardian, a private equity firm, completed the acquisition of Mila, a telecommunication and fiber optics services provider, from Siminn, a telecommunication company, for $606m. "To be recognised by a world-leading private investment house is evidence of the strength of our business. "At the same time this is an exciting turning point for Míla. Ardian‘s financial support, experience and knowledge will enable us to develop our network even further and fulfill our mission to connect Iceland to the future," Jón Ríkharð Kristjánsson, Mila CEO.