Ooredoo raises $300 million from IFC, ADB

Ooredoo Myanmar has raised US$300 million through a loan from the Asian Development Bank and International Finance Corporation, to fund the rollout of its network. In an announcement on February 7, the Qatari operator said the ADB and IFC would provide $150 million each, though provided no details of the terms of the financing. Last […]

Foreign firms take aim at Myanmar’s 4th licence, despite risks

Seven foreign companies have submitted applications to enter Myanmar’s fast-growing telecoms market as the government moves forward on plans to award a fourth mobile licence this year. The companies, which the government did not name, are keen to take a piece of the country’s lucrative mobile segment, which has expanded from 15 million connections to […]

Foreign firms eye new Myanmar telecoms licence despite inexperienced partners

Jan 25 Seven foreign firms are interested in bidding for Myanmar’s fourth telecoms license, a government official said on Monday, as the prospects of one of the region’s least connected nations outweigh the challenges of a partnership involving obscure local firms with scant industry experience. Chit Wai, deputy permanent secretary of the Ministry of Communications […]

Netflix streams into Myanmar

Netflix – the world’s largest internet television network – has come to Myanmar as part of the firm’s expansion into 130 new countries. But slow download speeds and expensive data fees mean Myanmar’s DVD shops are not under threat from online streaming just yet. During a keynote speech at the International Consumer Electronics Show in […]

Telecom Tax Delayed Until New Gov’t

Finance minister U Win Shein has presented to a union parliamentary meeting a plan to collect commercial tax on every mobile phone top-up credit starting from April 1 when the new government starts their term. The commercial tax on mobile phone users was planned to start in the current government’s term but members of the […]

Carriers soup up networks as new rivals come knocking

Myanmar’s wireless market is embarking on a new chapter, now that the bulk of the country’s population is connected. Norwegian telecom company Telenor runs this cellphone shop in Yangon. The Southeast Asian nation’s mobile penetration rate has shot up from 9% at the end of 2013 to an estimated 70% or so. Auctions for new […]

Myanmar’s online liberation

On a blazing Sunday afternoon, on the outskirts of Myanmar’s financial capital,thousands of people made their way to a football field, filling up the streets and almost bringing traffic to a standstill. Mostly wearing red shirts that they paired with longyis (traditional Myanmar attire), they eagerly waited for the arrival of the National League of […]

Upbeat Telenor Myanmar expects further growth next year

TELENOR Myanmar maintains its optimism about the market outlook despite the possible entry of a fourth telecom player in 2016. Still in the roll-out phase, the company, which claims to own the biggest third-generation cellular network in Myanmar, has set its sights on expanding in less populated areas next year. “In 2015, our focus was […]

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 […]

Myanmar calls EOI for fourth telecoms operator

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The government has asked international telecoms operators to submit expressions of interest ahead of a tender for the country’s fourth operator licence, to be awarded in 2016. Companies will apply to join a local consortium of 11 local […]