Overseas Private Investment Corporation to Disburse $250 Million Investment in Telecom Tower Infrastructure Project

NEW YORK & SAN FRANCISCO & WASHINGTON & YANGON, Myanmar–(BUSINESS WIRE)–The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, today announced that it has commenced the initial disbursement of a $250 million loan to Apollo Towers Myanmar Limited, based in Yangon. The disbursement marks OPIC’s first financing in the country as well […]

Singaporean telecoms companies to cooperate with license winners

Singaporean telecommunication companies including Myanmar Fibre Optic Communication Network Co. Ltd., Digicel Myanmar Tower Co. Ltd. and Apollo Towers Myanmar Limited based in Myanmar are working together with two license winners, Ooredoo and Telenor, to strengthen the telecommunication network in Myanmar, sources say. They have been granted the permission in Myanmar Investment Commission (MIC) (8/2014) […]