Yangon – The Posts and Telecommunications Department has required mobile phone users to re-register their SIM cards with their IDs, warning that SIMs that are not re-registered by June 30 will be deactivated. As mobile financial services have developed, the move aims to reduce crime using unregistered SIM cards and encourage phone users to be […]
MPT Expands into Mobile Payments
Telecom operator MPT has expanded into mobile payment services with the introduction on January 28 of mobile financial app MPT Money, which the company hopes will enable greater access to financial solutions across Myanmar. The app will allow users to make electronic financial transactions such as OTC remittance, wallet services, mobile top-ups for MPT and […]
As remittance market reaches saturation, mobile money keeps growing
If the mobile money market were a football match, then the second half has just begun. As the undisputed market leader, Wave Money is already a few goals ahead. It reports having almost 50,000 agents and more than 11 million customers, who remitted US$2.8 billion between January and September of this year. By the end […]
Digital landscape rapidly changing
Today’s smartphones can now show people what apps they use most frequently, how much time they spend on them and remind them to take a break. Moreover some mobile applications can have different settings for use by adults and children and limit applications and games by age, because many children use their parents’ phones. “Nowadays […]
MPT takes 4G coverage to 256 Myanmar townships
State-owned MPT, the largest mobile operator in Myanmar, announced it expanded LTE-Advanced service to 40 additional townships, taking its mobile broadband coverage to 256 townships. Reizo Umeda, MPT’s chief commercial officer, said in a statement: “We are pleased to announce that we have surpassed the 250-township mark this month, which is a huge jump from […]
Competition among telcos leading to better pricing in Myanmar
After emerging from state-owned monopoly, Myanmar’s telecommunications sector is now a growing market for four competitors: state-owned Myanma Posts and Telecom (MPT), Norway-based Telenor, Qatar-based Oredoo, and MyTel, a partnership of local and foreign entities. The number of mobile-phone users in Myanmar now totals 56.8 million. Of this number MPT has 22 million subscribers, Telenor […]
Fixed broadband next phase of growth in Myanmar telecomms: ZTE
Yan Xiao, CEO of ZTE Myanmar, is convinced the next big area of growth in the Myanmar telecommunications sector lies in high-speed, fixed broadband internet. With competition in the mobile space getting more intense, now is a good time for internet service providers (ISPs) to consider offering high-speed, fixed broadband (FBB) services to retain customers […]
Myanmar telecoms tower deal puts TPG in pole position
TOKYO — U.S. private equity firm TPG has finalized a deal that marks its most ambitious investment in Myanmar and the biggest consolidation yet in the country’s fast-growing telecommunication infrastructure sector. Under an agreement that gained Naypyitaw’s approval last month but has yet to be announced, TPG, majority owner of Apollo Towers Myanmar, the country’s […]