Thursday 27 June 2013

Myanmar To Grant Wireless Licenses To Norway's Telenor, Qatar Telecom - Forbes

"One of Asia’s least connected countries is getting wired at last. Myanmar said Thursday that it had awarded cellular-phone licenses to Norway’s Telenor and Qatar Telecom, ending months of speculation over which foreign consortia would get the nod. Ten other bidders had sought to build out networks in Myanmar, a country of around 60 million people with less than 9% mobile phone penetration. Myanmar, also known as Burma, already has two domestic cellphone operators, but service is poor. Foreign investment in infrastructure like telecoms is seen as crucial to bring Myanmar into the modern era. The 15-year wireless licenses take effect in September and would represent the largest foreign investment in Myanmar since a semi-elected government took power in 2011, ending decades of isolationist military rule."

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