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Vietnamese ride-hailing FastGo launched in Myanmar

FastGo Vietnam on December 28 launched its service in Myanmar, becoming the first Vietnamese firm in the ride-hailing sector to expand its operations to foreign markets. FastGo plans to introduce its services in big cities in Myanmar in 2019, with 2 million users and 100,000 drivers. In addition, it would continue to invest and call […]

Vietnam’s Viettel seeks to double Myanmar customer base – CEO

Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday. Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also […]

Yangon Has 4th-Fastest 4G Speeds in East Asia, Survey Finds

YANGON — Myanmar’s commercial capital Yangon ranked fourth among East Asian cities in terms of 4G download and upload speeds in a report released by OpenSignal on Thursday. The telecommunications coverage mapping company studied 12 major economic centers in the region for a three-month period. “The result is surprising,” said OpenSignal, which listed a group […]

Myanmar: The New Hotbed for Satellite

The stunning landscape of Myanmar hides a tempestuous past that features its struggle for independence and eventual democracy. In 2010, the country sat on the cusp of massive change when the military junta handed over power. After 48 years of oppressive rule, a metamorphosis is occurring across the country. The daily lives of Myanmar’s 51.4 […]

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) […]

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 […]

The enterprise ICT opportunity for Myanmar telcos

by Sam Deb. With Myanmar’s telecom penetration rate already above 75%, operators should focus on the enterprise segment for continued growth. In the first installment of this three-part report, we look at the growing size of Myanmar’s enterprise sector and the opportunity it presents for telcos  Until recently, operators globally were hardly interested in the […]

Telecom Tax Delayed Until New Gov’t

Finance minister U Win Shein has presented to a union parliamentary meeting a plan to collect commercial tax on every mobile phone top-up credit starting from April 1 when the new government starts their term. The commercial tax on mobile phone users was planned to start in the current government’s term but members of the […]

Novoair starts flight to Yangon

Novoair yesterday started an international flight to Yangon in Myanmar. The airline will run three weekly flights between Dhaka and Yangon on Sundays, Tuesdays and Fridays with Embraer ERJ145 aircraft, the carrier said in a statement. The airline will charge Tk 22,222 for a two-way ticket, according to the statement. Novoair is also offering a […]