Who’s building the towers?

A look at the who’s who in the construction of Myanmar’s telecoms infrastructure, and the joint venture alignments that have formed.

Apollo Towers
Engaged in construction, management and leasing of telecoms infrastructure to Myanmar operators, Apollo Towers has signed an agreement with Telenor to build 1001 towers. The Singapore company is chaired by former Orange CEO Sanjiv Ahuja. The firm also received a US$40 million investment from American firm TPG Capital in April, though most of the funding comes from the chair and company.

Irrawaddy Green Technology
A joint venture between Indian tower firm Quippo Telecom and Middle Eastern firm Golden Towers, Irawaddy Green Technology plans to build and manage 2000 towers for Telenor, according to an interview by a company official with industry website Teleanalysis.com.

Pan Asia Towers
A licenced firm in Myanmar, Pan Asia Towers’ shareholders began in the tower business 25 years ago, operating in international markets including Brazil, Indonesia, Mexico and the US.
They have provided shared infrastructure for mobile telecommunications operators, including implementing over 25,000 telecommunication tower sites worldwide.

Pan Asia is currently rolling out in Myanmar as an independent tower company.

Myanmar Tower Company
A joint venture between Digicel Group and Yoma Strategic Holdings, the firm entered an agreement with Ooredoo to build and lease towers in December 2013, according to a press release. Digicel, which claims to be the largest operator in the Caribbean, was one of 91 initial bidders for a Myanmar operator licence, while Yoma is a Singapore-listed, Myanmar-focused firm chaired by prominent entrepreneur Serge Pun.

Myanma Posts and Telecommunications (MPT)
Earlier this month MPT officials said they had selected Japanese firm KDDI as their joint venture partner. Industry insiders say they expect MPT to expand their own coverage to counter the foreign competition.

Source: Myanmar Times

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc.

 Opportunities from COVID19


Looking for foreign investors to invest in your business in Myanmar