Telenor Myanmar sees solid growth

TELENOR Myanmar has declared continued investment as the company enters its third year of operations in the country. Under its projections, the number of telecom towers will rise from 6,400 at present to 10,000 by 2018. At present, 300 are located in Yangon. Two years ago, the company started operations with only 68 towers in […]

Bandwidth Tender Suspended Again

The tender for a 2600MHz licence has been suspended yet again due to objections from two major telco players, Ooredoo and Telenor. “We will call tender for two types of frequencies. 2600MHz will be offered first, then 1800MHz will be next. Any spectrum licence holder can apply for 2600MHz. Detailed information will be released soon,” […]

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 […]

4G services launched in Myanmar

COMPETITION in Myanmar’s telecom industry is as fierce as ever with two foreign players launching 4G services to cope with increasing data demand in the country. Telenor Myanmar last week launched a 4G service in Nay Pyi Taw, nearly two months after Ooredoo Myanmar offered the technology in the capital city along with Yangon and […]

New CEO for Norwegian Telco

Telenor Myanmar will have a new chief at the helm starting next month, the company announced yesterday. Lars Erik Tellmann, the telco’s chief financial officer, will take over as CEO from Petter Furberg on August 1. Mr Furberg will remain with Telenor in Asia, but move to a role in the company’s digital business operations. […]

Telenor tests 4G across five cities

Telenor Myanmar has tested fourth-generation (4G) mobile services in Yangon, Mandalay, Nay Pyi Taw, Myawady and Muse, a company spokesperson has told The Myanmar Times. The tests come as the Norwegian mobile operator looks to migrate to 4G, a move that rival telco Ooredoo has already started. The Qatari firm’s website says its fourth-generation rollout […]

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 […]

Mobile money regulations released

The Central Bank of Myanmar has released regulations on mobile financial services, widening a market previously limited to banks to include non-banking financial institutions. The Central Bank announced yesterday that it had issued rules on mobile financial services at the end of last month to build an enabling regulatory framework for efficient and secure mobile financial services […]

Telenor’s first special auction fetches whopping MMK 4,835 lakhs (483.5 million)

February 25, 2016, Yangon – Telenor Myanmar Limited’s (“Telenor”) first public auction of special numbers today netted a total of MMK 4,835 lakhs (483.5 million), from 55 special numbers auctioned. Telenor announced earlier that all profits above the reserve price of MMK 3 million per number – in this case a total of MMK 3,183 […]

Telenor signs agreement with Malaysian towers company

Telenor Myanmar has signed a memorandum of understanding with Malaysia telecoms service provider OCK Group and its local Myanmar partner, King Royal Technologies, the Shah Alam-based company announced last week. The agreement, which is for building and leasing towers, adds another firm to Telenor’s inventory of infrastructure providers. OCK Group subsidiary OCK Yangon – set […]