Thursday, August 27, 2015

Local Firms Eager to Join Myanmar's 4th Mobile Operator Business

As you might expect, there is no shortage of local firms in Myanmar eager to participate in the creation of a fourth mobile service provider in a country that until recently had very low mobile adoption rates, and which is seeing rapid growth.

Some 17  local firms have applied to join a consortium that would operate Myanmar's fourth mobile phone network, said Chit Wai, deputy permanent secretary at the Ministry of Communication and Information Technology.

The firms selected to participate will be announced in September, with a mobile license running 15 years to be awarded to the consortium.

There is no limit on the number of local firms that can joining the consortium, which will include a foreign partner.

Currently, Norway's Telenor and Qatar's Ooredoo offer mobile service in Myanmar. A third telecom license is held by MPT, a joint venture between the telecoms ministry and Japan's KDDI.

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