Myanma Posts and Telecommuntions (MPT) completes over 500 towers in Mandalay region

Myanma Posts and Telecommunications (MPT) has built over 500 telecoms towers in Mandalay Region in 2015, officials told media in the country’s second-largest city last week. The state-owned operator had just over 200 towers in the region until 2014, but has fast-tracked construction to compete with international operators Telenor and Ooredoo. The two foreign telcos […]

MPT Lowers Internet, SMS Charges

The state-run telecom services provider Myanma Posts and Telecommunications (MPT) has dropped its Swe Thahar package internet and SMS charges in the face of stiff competition from the foreign telecom operators. As of October 1, Swe Thahar internet charges were slashed from K7.5 per megabyte (MB) to K6, and MPT offered some internet packages with […]

MIL buys equity stake in Apollo Towers

Apollo Towers raised US$30 million in equity from Myanmar Investments International Limited (MIL) on July 31, six weeks after receiving approval for a $250 million loan from the US government’s development finance arm, Overseas Private Investment Corporation (OPIC). The towers company, which was set up by former CEO of Orange Group Sanjiv Ahuja and US […]

Results reveal Ooredoo falling further behind rival Telenor

The gap between international operator Ooredoo and its rival Telenor has widened again this quarter, with Ooredoo reporting less than half the number of subscribers secured by the Norwegian operator over the same period. Ooredoo and Telenor, which recently announced financial results for the second quarter of 2015, have been locked in fierce competition, along […]

New international cable company MYTHIC to compete with MPT

A new cable company has promised to establish the market price for international connectivity in Myanmar by laying its own cable, according to its founder and CEO U Myo Myint Ohn. Campana Group, based in Singapore with a Yangon subsidiary, will deliver international connectivity, a reliable submarine network and massive capacity at an economical price, […]