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Mytel Signs MOU with FastGo Ride Hailing Service

Mytel announced that they have signed a Memorandum of Understanding (MoU) with FastGo, a Vietnamese ride hailing app on December 28, 2018 for the development of demanding ride-hailing services that are expanding in Myanmar.

Mytel will be providing 2G/4G mobile services for FastGo drivers and FastGo customers in Myanmar market. Mytel will also be supporting with the integrated Mytel e-wallet service as a payment platform for drivers and customers using the FastGo application. The collaboration will provide the drivers with several benefits by employing E-wallet integration. The E-wallet integration will allow drivers to save the tedious trips to banks to deposit or withdraw money by going to Mytel’s Point of Sales around the country to deposit or withdraw money easily.

“We are thrilled to announce that Mytel and FastGo has collaborated and signed the Memorandum of Understanding. Mytel and FastGo will cooperate fully with each other to promote both companies’ strength in each sector and their market development in Myanmar. Mytel will make sure that the services FastGo offers will not only be beneficial for the drivers, but also to customers as well. We also have plans to cooperate with FastGo on express services and marketing campaigns soon”, said U Zaw Min Oo, Chief External Relations Officer of Mytel.

FastGo allows customers to visit Mytel to recharge their FastGo account to get bonus from both Mytel and FastGo’s services. Mytel also acts as a convenient communication channel between two Parties to support and develop the users. Mytel aims to be the ideal operator for Myanmar consumers while enhancing engagement and experience with subscribers. Moreover, Mytel focuses on developing innovative and interactive services and empower Myanmar and its people to build their desired future.

Source: Myanmar Business Today

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