Far and Middle East predators

China Mobile recently had to deny rumors of bidding for MIC (Millicom International Cellular), the most exotic mobile arm of the late Jan Stenbeck, once a specialist in military mobile comms (you RACAL you).
More than a tactical weapon, MIC could even become a Weapon of Mass Differenciation for today's most ambitious cellcos. Etisalat (Emirates Telecommunications Corp) and China Mobile already fought for a slice of Pakistan Telecommunications Co last year, but MIC offers more than a few crumbs (10M clients across 16 markets totalling 390M people).

Millicom's "strategic review" started with a cleanup of participations and the purchase of minority shares. The "Up for sale" sign has not yet been painted but deep-pocketed purchasers already left fingerprints all over the place (the heavier the smearer). Beyond deep pockets are required patience, expertise in risk management and a knack for caligraphy (this may not look like your usual J or S curve).

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