The Companies applying to become Myanmar’s fourth mobile operator confirmed
Singapore’s Singtel, Hanoi- based Viettel, China Telecom, France’s Free, MTN of South Africa, Hong Kong’s ICOM and Beijing Xinwel have been confirmed by industry sources as the seven companies that have sent in their expressions of interest to become the fourth mobile operator of Myanmar. The winner of the tender will combine with a local consortium comprising 11 public Myanmar Companies and a government stakeholder to from a joint venture. It is learned that, with the new entrant, three goals, namely-providing affordable access, universal coverage and value-added services, are envisaged to be achieved.
At present, about 70 percent of the Myanmar telecom market is already occupied by two foreign operators, Oredoo and Telenor and the state-owned Myanma Posts and Telecommunications (MPT).
10 February 2016