Leading Chinese operator, China Mobile, on Thursday rebuked reports that it has tabled a $4bn (ВЈ2.2bn) bid for Millicom International Cellular (MIC).
The buzz was generated by a report in the Financial Times on Wednesday, which put China Mobile in the frame but did not name sources.
The deadline for the second round of bids for Millicom is expected to expire in the next few days, after the company’s call for acquisition offers in January.
The most likely bidders in the second round are thought to be Egypt’s Orascom, Dubai’s Investcom, Kuwait’s MTC, Norway’s Telenor and Mexico’s America Movil. Vodafone is believed to have lost interest in Millicom.
The China Mobile spokesman did confirm that the operator is looking to acquire assets in emerging markets.
Millicom has operations in Southeast and south Asia, Central America, South America and Africa.
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