Momolay wants to take on Facebook in Myanmar, bags funding to take a shot at it

Myanmar is not an easy place to do business. Poor infrastructure, a highly unskilled labor pool, and an outdated financial system are only some of the challenges weighing on this once military junta-controlled nation. However, many investors are willing to overlook the negatives for fear of missing out on the vast opportunities Myanmar offers. The […]

Telenor faces Vietnam’s Viettel JV challenge in Myanmar

Telenor Myanmar, saddled with mammoth task of creating infrastructure for mobile services across Myanmar, faces yet another challenge from cash-rich Viettel — Vietnam’s state-owned telecom company — moving ahead to form a joint venture with Myanmar’s Yatanarpon Teleport. Telenor Myanmar CEO Petter Furberg said the company always knew Myanmar would be challenging because it had […]

SyQic Trading Well, Launches Myanmar Services And Inks Hong Kong Deal

LONDON (Alliance News) – SyQic PLC said Wednesday that its core Telco business remains strong, and its Yoomob mobile streaming service posted revenue of about GBP7.6 million in the nine months to end-September, compared with GBP4.7 million for the whole of calendar 2013. The company also announced that it has launched mobile services in Myanmar […]

Telenor CEO says main obstacle is telecom towers

The major obstacle Telenor Myanmar faces is installing enough telecommunication towers to reach its full capacity, its CEO, Petter Furberg, told the Myanmar Connect 2014 Forum on September 16. The forum provided a platform for each operator to discuss the challenges they face in the telecom sector. Myanma Posts and Telecommunications (MPT) general manager Khin […]

Myanmar’s mobile war heats up

YANGON — Norway-based telecoms giant Telenor announced Friday it would start mobile services in Myanmar’s second-largest city, Mandalay, over the weekend, as it vies for market share in the country’s recently opened-up mobile sector. Telenor said it would start its service in Mandalay on Saturday, then expand to the capital Naypyitaw, and then Yangon. “Firstly […]

Private telecom companies soon to be given licenses

The government is expected to issue two private telecom licenses within the next two weeks, according to sources from Ooredoo Myanmar. This will allow both Ooredoo and Telenor, the two winners of last year’s bid to operate private telecommunication businesses in Myanmar, to begin providing mobile services. “We are preparing to work out building 3G […]

Ooredoo to launch 3G services in Myanmar next year

YANGON—Ooredoo Myanmar will introduce 3G mobile services nationwide in 2014, according to company sources. To achieve this, the operator has selected Nokia Solutions and Networks as the key supplier for its radio and core equipment and services. Ooredoo’s subscribers in Myanmar will soon have access to advanced mobile broadband services. “This initiative underlines our commitment […]

Foreign teams at SEA Games to receive free SIM cards

Myanmar Post and Telecommunication plans to issue 30,000 free SIM cards to foreign athletes, coaches, referees and team officials during the SEA Games next month, it said on November 19. The cards will be valid for three-months, the NPT’s deputy general manager in Naypyitaw, U Thein Hoke, told Mizzima in a telephone interview from Yangon. […]