Telenor Group reports second quarter results, Myanmar growth

The Norway-based Telenor Group has reported positive second quarter results including continued growth in its mobile phone outreach in Myanmar, a country in the throws of a communication revolution after decades of military regime rule. Telenor and Ooredoo are the two main players competing in the largely virgin Myanmar market, helping everyone from farmers, to […]

Telenor to roll out 4G in Myanmar as soon as summer

YANGON — Telenor Group will launch fourth-generation cellular service in Myanmar as early as this summer, Petter Furberg, CEO of the Norwegian carrier’s local arm, told The Nikkei. Telenor Myanmar is testing 4G in four cities. The rollout will begin when more spectrum becomes available, Furberg said. Myanmar’s government plans to hold an auction for […]

Aging Asia Getting Left Behind in Mobile Revolution: Telenor

While mobile internet continues to expand across Asia, a recent research by Telenor Group in four of its regional markets revealed that senior citizens are not fully receiving the benefits of connectivity. The research note, “The unconnected senior citizens of Asia”, draws upon customer data from the Norwegian telecom firm’s four out of six markets […]

Digicel’s Myanmar deal adds to Islamic finance landscape

May 5 Cellular operator Digicel Group Ltd has obtained $60 million in sharia-compliant financing for its Myanmar venture, helping widen the reach of Islamic finance transactions as the sector continues to expand into new markets. Islamic finance has seen a string of landmark deals over the past year, with debut sovereign Islamic bonds (sukuk) from […]

Asia’s least-developed telecom market will soon become the world’s fastest growing

Asia’s least developed telecommunications market is about to take off thanks to foreign investment and liberalized policies. Myanmar is somewhat of a technology backwater when it comes to wireless telecommunications services. Just 12.3 percent of the population has access to a basic mobile phone. The isolated southeast Asian country, which is also known as Burma […]

Telenor promises mobile coverage to 90% of Burmese

Telenor Group, the major shareholder in Thailand’s Total Access Communication Plc (DTAC), is embarking on a US$1-billion investment to roll out its commercial second- and third-generation mobile service in Burma [Myanmar] this year. The Norwegian firm is strengthening its strong presence in Asia, its largest revenue source. Sigve Brekke, the head of Telenor Asia, said […]

Telenor to recruit 3000 Myanmar staff

Norway’s Telenor Group said that they would recruit approximately 3000 Myanmar nationals to provide local communication services. Telenor won the recent Myanmar telecommunication tender. Telenor Group will recruit employees in three phases. In the first phase 25 management level employees who are proficient in business development and strategic planning will be recruited. They will execute […]