Foreign telecoms investment reaches $2.8bn

Foreign investment in the telecoms sector has exceeded US$2.8 billion over the past two years, boosting the country’s economy, according to the first Myanmar Mobile Symposium. The event attracted about 200 representatives from the telecommunication sector to the Hilton Hotel in Nay Pyi Taw on Thursday. It was jointly organised by the three telecom operators, […]

Myanmar’s fourth telco gets licence at last

At long last Myanmar’s fourth telecoms operator has its licence, but the brand name under which it will operate remains under wraps and the firm will only begin providing services in 2018, according to its external relations officer. The Ministry of Transport and Communication formally awarded the firm – Myanmar National Tele & Communications (MNTC) […]

Black Friday : e-commerce sales taking off in Myanmar

Shop.com.mm, Myanmar’s largest e-commerce platform, are providing access to substantial discounts and unmatched variety for their Black Friday Sale, November 25th-27th. Black Friday Sales traditionally take place on the Friday after Thanksgiving (late November) in North America and have come to be one of the largest shopping days of the year. It was not uncommon […]

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 […]

Vietnamese Telecom Viettel to Invest $2bn in Myanmar Over Five Years

VIETTEL, Viet Nam’s largest mobile network operator, is expected to make US$2 billion investment in Myanmar’s telecom sector within five years, with plans to launch its service business next year, it is learnt. The Vietnamese group operates in ten countries in Asia, Africa and America, and will provide its telecommunications services for Myanmar people in […]

4 ways to boost e-commerce in Myanmar

e-Commerce industry growth will need banks and telcos to reduce service fees, provide better APIs, and simplify procedures to eliminate the hassle of payments Since 2012, foreign investors have been on a gold rush in Myanmar. GDP has climbed up steadily from US$58.68 billion in 2013, to US$64.33 billion in 2014, then US$64.87 billion in 2015. In July 2016, the new […]

How Investors Helped Myanmar Telecoms

In 2010, when Myanmar held historic elections that would reduce the influence of the military and put the country on a path to democratic rule, it was a country that had endured decades of isolation. Less than 3 percent of the populations had mobile phones. This lack of connectivity limited not only access to service […]

Telenor and MPT apply for spectrum auction

Telecoms companies Telenor and state-owned MPT will be among the potential bidders at a long-awaited auction for more broadband spectrum next month, while rival telco Ooredoo has decided to wait for a separate auction it expects to happen later in the year. Spectrum – the radio frequency on which communication traffic can be sent – […]

Ooredoo hits half a million on 4G

Ooredoo has racked up half a million 4G users since it became the first telecoms operator to roll out fourth-generation services in Myanmar in May, and is looking forward to a planned spectrum auction that would help it expand coverage, chief executive Rene Meza told The Myanmar Times. When it launched 4G the Qatari firm said […]

Myanmar: 45 Million Mobile Phones And The $19 3G Smartphone – Forbes

The photo above shows a shiny new $19.44 smartphone for sale in Yangon.  When I saw this in small corner shop on Anawrahta Road near Pansodan a few weeks ago, the 23,000 kyat (at 1,183 kyat/US$1) price included one SIM card. As you can perhaps see, it’s 3G capable and has slots for two SIM […]