Grab to invest US$100m in Myanmar as smartphone use surges

[SINGAPORE] Grab, Southeast Asia’s biggest ride-hailing app, plans to invest US$100 million in Myanmar as it extends its battle with Uber Technologies to capture exploding use of smartphones. Grab will invest the money over the next three years and work with local governments to expand ride-hailing to more cities and roll out services such as […]

Telenor: ‘It was important not to build too high expectations’

Petter Furberg, chief executive officer, Telenor Myanmar Norwegian-owned telecoms company Telenor has been celebrating the launch of its mobile phone service in Yangon, after it launched services in Mandalay and Nay Pyi Taw. Telenor is rolling out a 3G and 2G network and Qatar-owned Ooredoo, which launched its service in Yangon in August, is providing […]