Potential VimpelCom pull out from Canada may lead to Wind/Mobilicity merger - analyst

TORONTO - Reports that VimpelCom is preparing to drop its telecom assets in African and Asia is the “strongest signal to date that VimpelCom may eventually exit Wind Canada,” writes Scotia Capital telecom analyst Jeff Fan. Fan in his October 29 Equity Research report refers to a Financial Times (FT) report that VimpelCom (VIP), Wind Mobile Canada’s parent, is expected to sell its sub-Saharan African units and its Zimbabwean business, Telecom Zimbabwe. VimpelCom is also preparing for a sale of its three businesses in Cambodia and Laos as part of the company’s strategy to focus on more mature markets such...