The fourth telecoms provider, Myanmar National Tele and Communications Co Ltd (MNTC), plans to invest over US$2 billion in its network, it told the press at the Melia Hotel in Yangon on January 14. MNTC was formally granted its telecommunication licence last week, going by the brand name Mytel, with “My” from Myanmar and […]
Fourth Telecoms Licence to Be Issued Soon
January 2, 2017 by
The government will grant a telecoms licence to a fourth operator in early 2017, according to the Directorate of Telecommunications. The Ministry of Transport and Communications has picked Vietnam’s Viettel Co and Star High Public Co Ltd, which was nominated by the Ministry of Defence, to become the fourth telecoms operator. Eleven domestic public companies merged to form Myanmar National Telecom Holding Public Ltd for the licence. Ooroodee offered services six months after getting the licence while it took Telenor eight months. […]
Military Conglomerate Hoping for More JVs
November 23, 2016 by
U Hla Moe, general manager of the planning department for the military conglomerate Myanma Economic Holdings Limited (MEHL), spoke to The Myanmar Times for an exclusive interview on operating as a public company, the outlook for joint ventures with foreign firms and competing on a level playing field in Myanmar’s new economy. The military established Myanmar Economic […]
Viettel picked for fourth telecoms tie-up with military partner
March 28, 2016 by
Subscribe to our tender alert mailing list Hanoi-based telecoms operator Viettel has been granted the right to negotiate with a local consortium, including a military-run partner, with a view to receiving a minority stake in a company that is likely to be awarded Myanmar’s long-anticipated fourth telecoms licence. Viettel, which is owned by Vietnam’s defence […]
London Accused of Hypocrisy While Preaching Myanmar Transparency
July 3, 2014 by
The British government has been sharply criticized for hiding behind “commercial confidentiality” rules relating to Myanmar while calling for business transparency in the Southeast Asian nation. The London Foreign and Commonwealth Office has refused all requests for information about British companies’ activities in Myanmar, “using commercial interests and commercial confidentiality as an excuse,” said the […]
Yangon’s new economic hub project set to go ahead
September 1, 2013 by
Plans to build a new economic hub in Yangon are underway with or without of assistance from Japan, according to the Yangon City Development Committee (YCDC). The Mindhamma Project is planned to become Yangon’s second economic city to relieve traffic and congestion from an overcrowded downtown. “Japan has previously told us to carry out the […]
