Myanmar’s MTG DC to Invest US$24 Million in Telecom Tower Business

Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – “Mytel”. Besides, […]

Myanmar Allocates 1.8GHz Spectrum with $80m Price Point

Myanmar’s four operators have each been allocated 2x40MHz blocks of technology neutral spectrum in the 1.8GHz band by the country’s Post and Telecommunications Department (PTD). The department has set the price of a 2x10MHz block at $80 million through a direct allocation method. If an operator chooses to acquire the airwaves they will be required […]

How Mytel is Set to Shake Up Myanmar’s Telecoms Sector

​​ The entrance of a new operator to Myan­mar’s telecoms sec­tor has brought a wave of new investment and heightened competition to an already crowded mar­ket, promising expanded service options and lower pricing for consumers. In mid-January the telecoms regulator, the Ministry of Transport and Communications, for­mally issued the country’s fourth nationwide tel­ecommunications licence (NTL) […]

Viettel-Backed Joint Venture ‘to Invest $2bn in Myanmar’ After Receiving Telecoms License

​​ Vietnamese mili­tary-run Viettel has said its joint venture with two Myan­mar companies will invest a combined $2 billion in Myanmar’s telecoms sec­tor, an increase of $500 million to its original pro­jection. The joint venture of Vi­ettel Global, Viettel’s in­vestment arm, Myanmar National Telecom Hold­ing Public Limited and Star High Public Compa­ny Limited, received My­anmar’s fourth, […]