Myanmar’s State-Backed Telcos Seek Backing to Take on New Rivals

Burma’s two state-backed telecommunications operators are seeking investors to put in more than US$1 billion as they prepare to compete with foreign newcomers, Norway’s Telenor and Qatar’s Ooredoo. Telenor and Ooredoo won the bidding for two new licenses in June to provide telecoms services in the country but are still waiting for final approval, expected […]