With the merger, Carousell will join forces with 701Search’s marketplaces such as Mudah in Malaysia, Cho Tot in Vietnam, and OneKyat in Myanmar Singaporean online marketplace Carousell announces that it has merged with telecommunications company Telenor Group’s 701Search, and its various marketplaces in different Southeast Asia regions, such as Mudah in Malaysia, Cho Tot in […]
Reaching Singapore’s Unicorn Status, Carousell Expands its Presences to eight Markets Through 701Search’s Mergers
November 26, 2019 by
Telenor’s Valyou receives UNCDF support for financial inclusion in Myanmar
November 22, 2017 by
Valyou, a service from Telenor Group, will provide low-cost international remittance services to Myanmar in its effort to promote greater financial inclusion in Southeast Asia. Through Valyou’s international remittance platform, Myanmar nationals in Thailand and Malaysia will soon be able to send money directly to their family and friends back home. Valyou’s international remittance service […]
Telenor Group reports second quarter results, Myanmar growth
July 26, 2016 by
The Norway-based Telenor Group has reported positive second quarter results including continued growth in its mobile phone outreach in Myanmar, a country in the throws of a communication revolution after decades of military regime rule. Telenor and Ooredoo are the two main players competing in the largely virgin Myanmar market, helping everyone from farmers, to […]
Telenor to roll out 4G in Myanmar as soon as summer
June 23, 2016 by
YANGON — Telenor Group will launch fourth-generation cellular service in Myanmar as early as this summer, Petter Furberg, CEO of the Norwegian carrier’s local arm, told The Nikkei. Telenor Myanmar is testing 4G in four cities. The rollout will begin when more spectrum becomes available, Furberg said. Myanmar’s government plans to hold an auction for […]
Aging Asia Getting Left Behind in Mobile Revolution: Telenor
July 17, 2015 by
While mobile internet continues to expand across Asia, a recent research by Telenor Group in four of its regional markets revealed that senior citizens are not fully receiving the benefits of connectivity. The research note, “The unconnected senior citizens of Asia”, draws upon customer data from the Norwegian telecom firm’s four out of six markets […]
Digicel’s Myanmar deal adds to Islamic finance landscape
May 13, 2015 by
May 5 Cellular operator Digicel Group Ltd has obtained $60 million in sharia-compliant financing for its Myanmar venture, helping widen the reach of Islamic finance transactions as the sector continues to expand into new markets. Islamic finance has seen a string of landmark deals over the past year, with debut sovereign Islamic bonds (sukuk) from […]
Asia’s least-developed telecom market will soon become the world’s fastest growing
September 19, 2014 by
Asia’s least developed telecommunications market is about to take off thanks to foreign investment and liberalized policies. Myanmar is somewhat of a technology backwater when it comes to wireless telecommunications services. Just 12.3 percent of the population has access to a basic mobile phone. The isolated southeast Asian country, which is also known as Burma […]
Telenor promises mobile coverage to 90% of Burmese
March 13, 2014 by
Telenor Group, the major shareholder in Thailand’s Total Access Communication Plc (DTAC), is embarking on a US$1-billion investment to roll out its commercial second- and third-generation mobile service in Burma [Myanmar] this year. The Norwegian firm is strengthening its strong presence in Asia, its largest revenue source. Sigve Brekke, the head of Telenor Asia, said […]
Telenor to recruit 3000 Myanmar staff
August 17, 2013 by
Norway’s Telenor Group said that they would recruit approximately 3000 Myanmar nationals to provide local communication services. Telenor won the recent Myanmar telecommunication tender. Telenor Group will recruit employees in three phases. In the first phase 25 management level employees who are proficient in business development and strategic planning will be recruited. They will execute […]
