Alastair Gale shows how the strategy of Egyptian businessman Naguib Sawahiri with Orascom worked in many countries from Iraq to Bangladesh- taking on debt to build wireless networks in less attractive emerging market countries and then selling the assets to other companies. This worked when it sold its Iraqi operation to a Kuwaiti company, and its other assets to a Russian company. Russia's mobile operator VimpelCom Ltd. made a deal worth $6 billion for most of Orascom's assets in 2011. In North Korea this strategy failed with the loss of the local operation to North Korean authorites.