Local consortium to claim Myanmar’s fourth telco licence

Yatanarpon Teleport (YTP) is working with a management committee to form a consortium of local partners, which will bid jointly for Myanmar’s coveted fourth telecommunications operator licence, according to YTP chief executive officer U Shane Thu Aung. After years in which the telecommunications sector was dominated by state-owned monopoly Myanma Posts and Telecommunications (MPT), in […]

Mitsubishi to conduct tests in Ayeyarwady

Mitsubishi Corporation says it is to conduct soil tests as the Japanese company proceeds with plans for a coal-fired power plant in Ngayokekaung township, Ayeyarwady Region. The coal-fired power plant project will be developed by Mitsubishi and A1 Company as a local partner. The two parties agreed last year to use Japanese “clean coal” technology […]

MPT partnership talks drag on with foreign firm

Talks between Myanma Posts and Telecommunications (MPT) and Japan’s KDDI continue despite passing an internal deadline, according to insiders. MPT officials told The Myanmar Times previously that an agreement would be announced by the end of May, but now they say there is no firm end in sight. “Both sides want to sign an agreement […]