The gap between international operator Ooredoo and its rival Telenor has widened again this quarter, with Ooredoo reporting less than half the number of subscribers secured by the Norwegian operator over the same period.
Norwegian operator Telenor has not taken any money out of Myanmar and will continue to support the economy by making US dollar payments to the government and reinvesting all of its revenues back into the business, said CEO Petter Furberg last week.
Telenor Myanmar’s second quarter (Q2) results have exceeded expectations once again. By July, the Norwegian operator had secured more than 10 million subscriptions, with much higher numbers of data users than anticipated, said Petter Furberg, the company’s Myanmar CEO, at a press conference in Yangon yesterday.
Tech firm FPT has become the first 100 percent foreign company to be granted a Network Facilities Service (Individual) licence as it looks for growth opportunities outside its home market of Vietnam.
Telenor Myanmar switched on its network of 13 towers in Kayah State yesterday, as the telco works toward expanding across the country.
MPT will more than double the number of base stations in its network to 5000 by the end of March 2016 to serve its user base, currently at about 13 million active subscribers, according to KDDI Summit Global Myanmar (KSGM) managing director Takashi Nagashima.
The story of Myanmar’s e-book industry is still in its early chapters. And yet, major characters in the fledgling market – up against payment problems and piracy – are doing their best to build habits around a new kind of business.