Bad reception Telenor and Ooredoo pick new tower firms

After months of delays due to intense negotiations over pricing and terms, Ooredoo and Telenor have signed a second round of purchase orders for telecommunications towers. But two of the four towers companies originally hired as official vendors have so far been left empty-handed, and two newcomers have been hired instead. Norway’s Telenor has placed […]

Who’s building the towers?

A look at the who’s who in the construction of Myanmar’s telecoms infrastructure, and the joint venture alignments that have formed. Apollo Towers Engaged in construction, management and leasing of telecoms infrastructure to Myanmar operators, Apollo Towers has signed an agreement with Telenor to build 1001 towers. The Singapore company is chaired by former Orange […]

Yoma raises stake in Myanmar telco to 25%

Yoma Strategic Holdings said its 80%-owned subsidiary YSH Finance had on Tuesday increased its stake in Myanmar’s Digicel Asian Holdings from 8% to 25%. This makes Digicel Asian Holdings an associated company of Yoma. YSH Finance had subscribed for an extra 420,000 new shares, representing 17% interest, in Digicel Asian Holdings for US$427,333 ($536,495). This […]