Millicom To Focus On African Opportunities

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After revealing plans to gradually exit its Asian markets, Millicom International Cellular (MIC) has revealed that Africa will become the main focus of its attention. According to media reports, MIC is pulling out of Asia because it deemed that the markets there, while still developing, were also very competitive, making it unlikely that the operator would ever achieve a leading market share. Africa is offering MIC high-growth opportunities in markets that it says often have three or fewer operators, and maximising the benefits of its presence in these markets is going to receive a renewed focus moving forwards.