 The company, currently at a market capitalization in excess of $200 billion is the second largest cellular company in the world.In 1981, Millicom formed a company, Microtel Communications, in partnership with British Aerospace and Pacific Telesis which was awarded by the British government a personal communications network “PCN” which competed with Vodafone.The service branded as Orange was later acquired by France Telecom which subsequently changed its name to Orange.