30 Jan '13, 3am

#Myanmar government has opened up to foreign investment, and has so far firmed up deals with 4 #mobile operators.

#Myanmar government has opened up to foreign investment, and has so far firmed up deals with 4 #mobile operators.

Myanmar’s government has opened up to foreign investment, and has so far firmed up deals with four mobile operators. In response to the Myanmar government’s recent plan to invite foreign investors into the country, four operators have shown interest in bidding for two national mobile licences in Myanmar. These four operators include Singaporean operators SingTel and ST Telemedia, Malaysia’s Axiata and Nordic group Telenor. Following such vigour, four licences will be issued by June. According to the government, each will run for 20 years with options to renew, and a draft telecommunications law will be put before the Myanmar parliament during the first half of 2013. These foreign investments aim to boost mobile coverage up to 80% by 2016. Myanmar currently has around 5.5 million subscribers which make up a mobile penetration of 9%. According to Axiata, which sees high mobi...

Full article: http://e27.sg/2013/01/30/telecom-operators-see-high-poten...

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