Singapore Myanmar Investco warns of impending lawsuit by Golden Infrastructure Group

Singapore Myanmar Investco has received an email from the lawyers of joint venture partner Golden Infrastructure Group (GIG) threatening to file a criminal complaint to Singapore’s State Courts against the company’s directors and management for possible breaches. The complaint relates to SMI’s plans to divest its 97% stake in its telecommunications tower business, Myanmar Infrastructure […]

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 […]

Newcomer to build 500 Ooredoo towers

Singapore Windsor Holdings has won a contract to build 500 telecommunication towers for Ooredoo Myanmar, according to a notice published late yesterday on the Singapore Exchange (SGX). The build-and-lease contract is for a period of 18 months, according to the statement. This is a relatively modest rollout plan compared to other towers companies operating in […]