Banking on Satellite Communications

Richard Bowles, regional managing director for ASEAN at Arianespace, which launches satellites, is convinced banks’ struggle to reach Myanmar’s unbanked population will end with the launch of its first satellite, slated for some time next year. “Satellites are an important part of a country’s economic development. Looking at Myanmar’s satellite leasing capacity, it’s a good […]

Telecom Sector Draws Foreign Investment

YANGON — The Telecommunications sector has become the top destination for foreign investment under the National League for Democracy (NLD) government, according to the Directorate of Investment and Company Administration (DICA). “Under the previous governments, most of the foreign investments went to the energy and electricity sectors. But foreign investment in the telecommunications sector has […]

Mytel to sell SIM cards in early 2018

With construction of a mobile network now more than 50 per cent completed, Mytel, the fourth telecom operator, is planning to start selling SIM cards in early 2018. Mytel said its objective is to provide the best Internet services at a fair price. The company’s Myanmar headquarters is located in Yangon and it has opened […]

MPT to expand fibre-optic service to Mandalay

State-owned telecommunication operator Myanmar Posts and Telecommunication (MPT) will offer Fiber To The Home (FTTH) – an internet service – in Mandalay next month. FTTH is the setting of fibre-optic cables from a central point to one’s accommodation, providing access to internet. MPT announced on their official page that FTTH will offer online services ranging […]

MPT has Myanmar’s fastest mobile speeds

Myanmar’s MPT has the fastest internet speeds among the nation’s major mobile operators, according to a new report from Ookla’s Speedtest service. An analysis of the results of user-initiated tests over the Speedtest Android and iOS mobile apps indicates that MPT had an overall speed score of 11.45 during the first half of the year. […]

Internet Use Is On The Rise In Myanmar, But Better Options Are Needed

Myanmar is one of the great internet stories of recent years, with millions of people coming online after decades of being virtually cut off from the rest of the world due to government oppression. In less than a decade, the country’s digital population has soared, with 97% growth in internet users in a single year […]

MPT Installs Fiber Internet Service in Downtown Yangon

On August 1 My­anmar Post and Telecommunica­tion (MPT) introduced its fiber-to-the-home (FTTH) internet service in Pabedan, a township in downtown Yangon. If there is a sustained de­mand for FTTH, MPT will extend its services to other townships, such as Latha and Kyauktada, U Thein Hoke, Deputy Chief Com­mercial Officer, told Myan­mar Business Today. “If Yangon […]

Myanmar insurance to thrive with competition and free market

U Myo Min Thu is the Managing Director of AYA Myanmar Insur­ance (AMI), one of the top three private insurers in Myanmar. AMI was created in 2013 follow­ing the liberalization of economic policy which permitted private insur­ers to enter the market. AMI is the insurance arm of AYA Financial Group, a conglomerate which also owns […]

MPT Begins Rollout of LTE+ Network, Targets 30 Cities Across the Country by September

State owned telco MPT has begun roll­ing out its new Long Term Evolution network in Myanmar’s largest cit­ies, which, the company says, can be up to twice as fast as traditional 4G/LTE networks. Known as LTE+, the new network will enable download and uploads on mobile devices up to 10 times faster than a standard […]

Myanmar operator rolls out 4G/LTE service

YANGON – Myanmar’s state-owned telecommunications operator MPT, collaborating with Japan’s KDDI Corp and Sumitomo Corp, announced Monday the launch of ultrafast 4G/LTE mobile data service. The operator, in a statement, said its “LTE+” service will be initially available in the country’s capital Naypyitaw, its largest city Yangon and its second largest city Mandalay, expanding to […]