After emerging from state-owned monopoly, Myanmar’s telecommunications sector is now a growing market for four competitors: state-owned Myanma Posts and Telecom (MPT), Norway-based Telenor, Qatar-based Oredoo, and MyTel, a partnership of local and foreign entities. The number of mobile-phone users in Myanmar now totals 56.8 million. Of this number MPT has 22 million subscribers, Telenor […]
Mytel says it’s pumped $1 billion into boosting nationwide operations
The country’s fourth and newest telecommunications operator, Mytel, has invested over US$1 billion (K1.38 trillion) in capital expenditure to boost infrastructure and improve service, U Zaw Min Oo, the company’s chief of external relations, told reporters at a news briefing. He said the company, which plans to invest US$2 billion within its 15-year license period, […]
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, […]
Mytel to Target Rural Areas and Compete on Price
Myanmar’s fourth and final telecoms firm – operating under the brand name Mytel – will make use of the AAE-1 submarine cable, infrastructure belonging to state-owned MECtel and try to beat its rivals on services charges, its external relations officer said at press conference last weekend. Mytel is made up of Vietnam defence ministry […]
Myanmar’s fourth telco gets licence at last
At long last Myanmar’s fourth telecoms operator has its licence, but the brand name under which it will operate remains under wraps and the firm will only begin providing services in 2018, according to its external relations officer. The Ministry of Transport and Communication formally awarded the firm – Myanmar National Tele & Communications (MNTC) […]
Fourth Telco Hoping to Get Licence for Christmas
The director of one of 11 local firms that will form part of Myanmar’s long-awaited fourth telecom operator says the consortium will receive its telecoms licence next week. A year has passed since the government announced a tender for a fourth operator, which Vietnam defence ministry owned-firm Viettel won through dint of being the […]
Vietnamese Telecom Viettel to Invest $2bn in Myanmar Over Five Years
VIETTEL, Viet Nam’s largest mobile network operator, is expected to make US$2 billion investment in Myanmar’s telecom sector within five years, with plans to launch its service business next year, it is learnt. The Vietnamese group operates in ten countries in Asia, Africa and America, and will provide its telecommunications services for Myanmar people in […]