Telecoms battle to unlock demand in emerging Asia

TOKYO/YANGON — In a tiny village in central Myanmar, about a two-hour drive from the nation’s second largest city Mandalay, electricity does not arrive through power lines. It comes from home generators or solar panels. But that does not stop the locals from charging their smartphones. “How many of you have a mobile phone?” the […]

Overseas Private Investment Corporation to Disburse $250 Million Investment in Telecom Tower Infrastructure Project

NEW YORK & SAN FRANCISCO & WASHINGTON & YANGON, Myanmar–(BUSINESS WIRE)–The Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, today announced that it has commenced the initial disbursement of a $250 million loan to Apollo Towers Myanmar Limited, based in Yangon. The disbursement marks OPIC’s first financing in the country as well […]