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Myanmar Mobile Users Told to Re-Register SIM Cards by June 30

Yangon – The Posts and Telecommunications Department has required mobile phone users to re-register their SIM cards with their IDs, warning that SIMs that are not re-registered by June 30 will be deactivated. As mobile financial services have developed, the move aims to reduce crime using unregistered SIM cards and encourage phone users to be […]

MPT Expands into Mobile Payments

Telecom operator MPT has expanded into mobile payment services with the introduction on January 28 of mobile financial app MPT Money, which the company hopes will enable greater access to financial solutions across Myanmar. The app will allow users to make electronic financial transactions such as OTC remittance, wallet services, mobile top-ups for MPT and […]

As remittance market reaches saturation, mobile money keeps growing

If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]

Concerns mount in the wake of Red Dot shutdown

Agents of Red Dot Network Ltd are unhappy that deposits paid to the now defunct payment solutions provider will likely not be returned to them. Red Dot’s system involves small terminals and trading balances. The firm buys credit from Myanmar’s telcos – Ooredoo, Telenor, MecTel and MPT – the same as that which shop owners […]

Digital landscape rapidly changing

Today’s smartphones can now show people what apps they use most frequently, how much time they spend on them and remind them to take a break. Moreover some mobile applications can have different settings for use by adults and children and limit applications and games by age, because many children use their parents’ phones. “Nowadays […]

MPT takes 4G coverage to 256 Myanmar townships

State-owned MPT, the largest mobile operator in Myanmar, announced it expanded LTE-Advanced service to 40 additional townships, taking its mobile broadband coverage to 256 townships. Reizo Umeda, MPT’s chief commercial officer, said in a statement: “We are pleased to announce that we have surpassed the 250-township mark this month, which is a huge jump from […]

Competition among telcos leading to better pricing in Myanmar

After emerging from state-owned monopoly, Myanmar’s telecommunications sector is now a growing market for four competitors: state-owned Myanma Posts and Telecom (MPT), Norway-based Telenor, Qatar-based Oredoo, and MyTel, a partnership of local and foreign entities. The number of mobile-phone users in Myanmar now totals 56.8 million. Of this number MPT has 22 million subscribers, Telenor […]

Yangon govt to act against messy overhead cables

The Yangon Regional Government says it is going to take action against telecommunications companies for untidy telecom cables that crisscross roads and streets, Daw Nilar Kyaw, minister of electricity, industry, transportation and telecommunication said during the sitting of the regional assembly last Thursday. “We will be going to take action against the telecoms companies that […]

Fixed broadband next phase of growth in Myanmar telecomms: ZTE

Yan Xiao, CEO of ZTE Myanmar, is convinced the next big area of growth in the Myanmar telecommunications sector lies in high-speed, fixed broadband internet. With competition in the mobile space getting more intense, now is a good time for internet service providers (ISPs) to consider offering high-speed, fixed broadband (FBB) services to retain customers […]

Myanmar telecoms tower deal puts TPG in pole position

TOKYO — U.S. private equity firm TPG has finalized a deal that marks its most ambitious investment in Myanmar and the biggest consolidation yet in the country’s fast-growing telecommunication infrastructure sector. Under an agreement that gained Naypyitaw’s approval last month but has yet to be announced, TPG, majority owner of Apollo Towers Myanmar, the country’s […]