On 23rd June 2022, Singapore. YSH announced that the long stop date for a mobile payment joint venture (JV) in Myanmar and the proposed completion of acquisition of controlling interest in Digital Money Myanmar Limited from Telenor Group has been extended to 14/9/2022. All other terms in the proposed new acquisition remain unchanged. Source: YSH […]
Long-stop date for Yoma Strategic to acquire controlling interest in Digital Money Myanmar Limited extended to 14 September 2022
June 23, 2022 by
ATOM to spend big on Myanmar 5G launch
June 9, 2022 by
ATOM, the operator formerly known as Telenor, has unveiled plans to invest hundreds of millions of dollars in Myanmar in the coming years, one of its goals being to launch the market’s first 5G service. ATOM, or Advancing Telecommunications of Myanmar, to give it its full title, officially launched in Myanmar on Wednesday. The company […]
Myanmar tech companies adapt to COVID-19 environment
January 14, 2021 by
Wave Money said it moved a total of K12 trillion (US$ 8.7 billion) in cash funds, across Myanmar amid the COVID-19 pandemic, which is double the amount handled in 2019 and equivalent to around 11.5 percent of the country’s 2020 GDP. This included K32 billion in donations and government disbursements to those severely affected by […]
Giving Myanmar Students a World-Class Education
November 7, 2019 by
Six years ago, when private schools were first allowed in Myanmar, Daw Khin Hnin Soe, co-founder of the Myanmar Metropolitan College (MMC), got the idea to bring international higher education to the country. “The countries that are now ahead of Myanmar in education once used the international system,” she said. Today, only private schools in […]
Telenor Myanmar to expand 4G network, human capitalCorporate
March 28, 2019 by
In respond to the constraints of mobile data availability beyond the major cities in Myanmar, Telenor Myanmar will continue to expand its 4G rollout and the company’s teams of representatives, said chief executive Sharad Mehrotra. Mehrotra said at the 6th Sustainable Business Briefing on Friday that the firm would focus on improving mobile connectivity through […]
Government to collect tax to fund telecoms in rural areas
May 2, 2018 by
Funds will be collected from a tax on telecoms operators starting in June to extend the telecommunications network to remote areas of the country that do not yet have access, said an official of the Ministry of Transport and Communications. The Telecommunications Law, section 54 states that the ministry can establish and supervise a Universal […]
Myanmar’s two newest telcos ready to roll out 4G
February 20, 2018 by
MyTel and Amara Communications, the newest entrants to the Myanmar telecoms market, have announced its plans for the deployment of 4G. MyTel, the fourth mobile operator, recently announced that its 4G network is ready to launch during a ceremony at which the operator completed the first calls on the system, between government officials in Vietnam […]
Mobile penetration rate and smartphone usage levels lowest in the region: Telenor
February 14, 2018 by
An index of mobile phone penetration rates and smart phone usage remains low in Myanmar compared with other countries in the region. The index shows Myanmar scores a mobile density rate of 105 per cent of mobile density and 80 per cent for smartphone usage, according to a Digital Myanmar report made by Telenor. “Myanmar […]
