Axiata to End Talks to Merge Asian Business With Telenor

Axiata Group Bhd. and Telenor ASA ended talks on merging their Asian telecommunication operations, scrapping an effort to create a company with 300 million customers across nine countries. The decision was mutual, Oslo-based Telenor said in a statement Friday, confirming an earlier Bloomberg News report. Telenor cited “complexities” as the reason for the halt, without […]

Myanmar’s stock exchange facing delays

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]

Myanmar to offer additional telecom licenses

Subscribe to our tender alert mailing list Myanmar will offer more telecom licenses in the future to “increase competition” in the telecom sector following its groundbreaking offering of two telecom licenses this year, a top government official said, according to Indian media reports. “Awarding these telecom licenses is a priority. Since there was limited spectrum, […]