Telenor’s customer expansion slows in Q2 results

Telenor Myanmar’s subscriber count grew to 16.9 million customers, the company announced yesterday, with new users coming to the Norwegian mobile operator at their slowest-ever rate. The company’s revenue expansion also slowed compared to last quarter, against a backdrop of fierce competition in the local telecoms market. Telenor brought in 1.4 million new subscribers over […]

E-licence for tourism industry kicks off in Myanmar – TTG Asia

MYANMAR’S Ministry of Hotels and Tourism has, from July 1, launched an online registration portal ( to facilitate permit applications and renewals for the travel and hospitality industry. At present, the Ministry of Hotels and Tourism issues four kinds of licences: a hotel licence costs between 200,000 kyat (US$170) and 1.9 million kyat, based on […]

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 […]

Myanmar’s wireless market heating up

YANGON — Competition in Myanmar’s mobile phone market is getting fierce. With sustained downward pressure on prices, the industry fears it could squeeze itself out of profitability. And things could get worse. Last July, Myanmar’s Ministry of Communications and Information Technology said it would invite bids for a fourth mobile phone operator’s license. At first, […]

MPT plans to share its mobile phone towers

Myanmar Post and Telecommunications plans to share its mobile phone towers with other operators for a fee, its manager told Mizzima on December 5. U Kyaw Soe Win said MPT planned to build more mobile phone for its own use and other domestic and international telecommunications operators would be able to use them. “We will […]