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Industry: Email Alert RSS FeedChinese buyer for Millicom?
Rethink IT, June, 2006
> China Mobile Communications has reportedly bought Nasdaq-listed international mobile operator Millicom after Dubai-based Investcom dropped out. This would be the company's first acquisition outside Asia and the price is being estimated at about $4bn in cash. Luxemburg-based Millicom is partially owned by Swedish media group Kinnevik and has some 9m subscribers in 16 South American, African and Middle Eastern countries.Most RecentTechnology Articles
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