Myanmar
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Qatari telecoms firm Ooredoo is pondering a sale of its tower network, according to Reuters sources. -
Qatar’s Ooredoo is reportedly engaged in active conversations to sell its business units in Myanmar.
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The sale of Telenor Myanmar to M1 Group has received final regulatory approval from the Myanmar Investment Commission.
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Telenor Group has sold its 51% stake in Wave Money to the Myanmar-focused conglomerate, Yoma Strategic Holdings.
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The investor that is one of the biggest shareholders in MTN has bought Telenor’s Myanmar operation for just US$105 million.
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The military government of Myanmar has banned executives of foreign telecoms operators from leaving the country, as they refused to accept the government’s requirement that they intercept traffic.
Forthcoming events
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In this episode of the Digital Digest, we roundup the biggest stories of the week from OTT partnerships to satellites and subsea cables.
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Telenor has written off its Myanmar business for the first quarter of 2021, because of the military takeover, plunging the whole group into loss.
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Season 2, episode 4 is presented by deputy editor Melanie Mingas, and features editor-at-large Alan Burkitt-Gray, and senior reporters Abigail Opiah and Natalie Bannerman
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HGC Global Communications confirmed that it has successfully returned services to its customer in Myanmar, five hours after a major telecoms outage.
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Private equity company CVC has bought Myanmar’s Irrawaddy Green Towers (IGT) for a reported US$700 million.
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Michael Joseph, acting CEO of Kenyan operator Safaricom, has confirmed the company wants to bid for a telecoms licence in neighbouring Ethiopia in partnership with Vodacom and other companies.
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Telenor has appointed new CEOs for three of its Asian subsidiaries; Telenor Myanmar, dtac in Thailand and Grameenphone in Bangladesh.
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NTT has announced that it is due to begin construction of its new subsea cable MIST, connecting Singapore, Myanmar and India, specifically Mumbai and Chennai.
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Sojitz Corporation, NTT Communications Corporation (NTT Com), NEC Corporation and NEC Networks & System Integration Corporation (NESIC) will carry out an infrastructure upgrade in Myanmar.
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Myanmar’s MPT-KSGM joint operations have appointed Noboru Edagawa as its new chief executive officer (CEO).
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Viettel is considering expanding its presence to North Korea once international sanctions against the Asian country are lifted, according to its CEO.
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Capacity speaks to Andrew Kwok about HGC's positioning in Myanmar, its plans for growth in the area and updates on recent annoucements.
