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UPDATE 1-Vimpelcom unit drops bid to buy Canada's Wind Mobile

June 19, 2013

Orascom Telecom, an Egyptian company that is majority-owned by Vimpelcom, said on Wednesday it has dropped its application to the Canadian government for permission to take control of Wind. Orascom had initially bankrolled Wind Mobile's operations in Canada before being bought by Vimpelcom.

Source: http://www.cnbc.com/id/100828532
 
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