Flex, a global electronic component manufacturer, Saturday said it was expanding its operations in India by setting up a new manufacturing facility in Tamil Nadu. The new unit, located in Walajabad in Kancheepuram district, was formally inaugurated by Information Technology secretary Ajay Prakash Sawhney, a company press release said Saturday. Commenting on the setting up […]
Transparency in Delayed $2B Development Project Requested in Lower House
November 15, 2018 by
A $2 billion development project to be undertaken by the Ministry of Construction and a private company in Yangon was questioned in the Parliament’s Lower House on Tuesday over its lack of transparency. Despite the project agreement being signed two years ago, no start appears to have been made on it and the revenue-sharing deal […]
Alibaba aims to grow five times bigger in Myanmar by mid-2019
October 30, 2018 by
DRIVEN by rapid gains in smartphone use and people’s willingness to try new things in Myanmar, Alibaba Group plans to grow its business by at least five times in the country in the coming six to eight months, according to Frans Maas, managing director of Shop.com.mm, which is now under the fold of the Chinese […]
Siam Cement sees opportunities along Belt & Road
March 29, 2018 by
Thai conglomerate’s CLMV investments will pave way to China and India, CEO says HONG KONG — Thai industrial conglomerate Siam Cement Group will look for investment possibilities in South China and India in the years ahead, as China shapes its vision of the Belt and Road Initiative, President and CEO Roongrote Rangsiyopash said Monday. The […]
Bandwidth Tender Suspended Again
August 2, 2016 by
Subscribe to our tender alert mailing list 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 […]
KBZ CIO talks connectivity
June 23, 2016 by
Myanmar’s mobile rollout has connected millions to the internet for the first time – but it has not been without growing pains, especially in the form of outages and sometimes spotty service. Stephane Lamoureux, chief executive officer of KBZ Gateway, spoke to The Myanmar Times about the physical and regulatory challenges facing the country’s telecoms industry, as well as […]
Myanmar’s wireless market heating up
April 20, 2016 by
YANGON — Competition in Myanmar’s mobile phone market is getting fierce. With sustained downward pressure on prices, the industry fears it could squeeze itself out of profitability. And things could get worse. Last July, Myanmar’s Ministry of Communications and Information Technology said it would invite bids for a fourth mobile phone operator’s license. At first, […]
Myanmar mobile leaps along
April 18, 2016 by
Much talk in the telecoms market has been dedicated to the digital leapfrog: the almighty hop from legacy technology to a mobile-first future. Myanmar’s operators – state-owned incumbent Myanma Posts and Telecommunications (MPT), Ooredoo and Telenor – have seen subscriber figures jump by millions over the past few years; and though coverage rates have climbed […]
Redlink hits back over spectrum auction concerns
March 8, 2016 by
While international mobile operators Telenor and Ooredoo have criticised an upcoming spectrum auction for potentially coming ahead of finalised industry guidelines, a major local player has fired back, denying the sale is rushed and suggesting the companies are averse to competition. Multinational telcos Telenor and Ooredoo have raised concerns that selling more spectrum before the […]
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