The Unprecedented Explosion of Smartphones in Myanmar

Outside the offices of an internet startup called nexlabs, a snarl of honking cars and rickshaws grinds to a standstill on a trash-strewn street lined with crumbling buildings. Inside, though, the scene could be straight out of Silicon Valley. Programmers in t-shirts and jeans tap away at laptops beneath posters exhorting them to “Innovate” and […]

Telenor Shifts Myanmar Focus to Data Services as ‘Hyper growth’ era ends

YANGON (Reuters) – Norwegian telecoms company Telenor will focus on improving data services in Myanmar, the head of the local business said on Wednesday, as an era of rapid subscriber growth following the opening up of the economy has ended. The liberalization of Myanmar’s telecoms sector has been a rare example of successful reform since […]

Telenor’s customer expansion slows in Q2 results

Telenor Myanmar’s subscriber count grew to 16.9 million customers, the company announced yesterday, with new users coming to the Norwegian mobile operator at their slowest-ever rate. The company’s revenue expansion also slowed compared to last quarter, against a backdrop of fierce competition in the local telecoms market. Telenor brought in 1.4 million new subscribers over […]

E-licence for tourism industry kicks off in Myanmar – TTG Asia

MYANMAR’S Ministry of Hotels and Tourism has, from July 1, launched an online registration portal (https://elicence.tourism.gov.mm) to facilitate permit applications and renewals for the travel and hospitality industry. At present, the Ministry of Hotels and Tourism issues four kinds of licences: a hotel licence costs between 200,000 kyat (US$170) and 1.9 million kyat, based on […]

Overseas Private Investment Corporation to Disburse $250 Million Investment in Telecom Tower Infrastructure Project

NEW YORK & SAN FRANCISCO & WASHINGTON & YANGON, Myanmar–(BUSINESS WIRE)–The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, today announced that it has commenced the initial disbursement of a $250 million loan to Apollo Towers Myanmar Limited, based in Yangon. The disbursement marks OPIC’s first financing in the country as well […]

Myanmar’s wireless market heating up

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, […]

MPT plans to share its mobile phone towers

Myanmar Post and Telecommunications plans to share its mobile phone towers with other operators for a fee, its manager told Mizzima on December 5. U Kyaw Soe Win said MPT planned to build more mobile phone for its own use and other domestic and international telecommunications operators would be able to use them. “We will […]