Edotco plans $200m investment in Myanmar telecoms

Telecoms tower firm Edotco has officially launched in Myanmar, with the company to give its name to Ooredoo tower provider Myanmar Tower Company. A Yangon man sits in front of a billboard showing the logo of Qatari firm Ooredoo, Edotco’s main customer in Myanmar. Photo: EPAA Yangon man sits in front of a billboard showing […]

Yoma keeps stake in telecoms tower firm

Yoma Strategic Holdings has decided to hold on to its 25 percent stake in Myanmar Tower Company (MTC) owner Digicel Asian Holdings, announcing a partnership with majority shareholder and Axiata subsidiary Edotco Group on December 4 that gives Yoma the right to sell if it changes its mind. News of the agreement came in conjunction […]

Pun Hlaing Hospital gets injection of capital and ideas

IT has been open for more than nine years, but Pun Hlaing Hospital is yet to turn a profit for First Myanmar Investment’s shareholders The company’s management is betting, however, that an injection of US$10 million and a new philosophy on healthcare provision will bring the hospital a new – and profitable – lease on […]