Wednesday, August 24, 2016
The Myanmar Times
The Myanmar Times

An exit interview with Telenor Myanmar’s CEO

Telenor Myanmar chief Petter Furberg is leaving his dream job to spend more time with his family after three years at the helm of one of the country’s first foreign mobile operators. He spoke with The Myanmar Times yesterday about his future at Telenor’s Asia digital business arm, and about the company he has helped build and is now leaving behind.

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Telenor goes 4G in Nay Pyi Taw

Telenor became the second mobile operator to roll out fourth-generation (4G) services yesterday when it officially turned on its network in Nay Pyi Taw.

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New CEO for Norwegian Telco

Telenor Myanmar will have a new chief at the helm starting next month, the company announced yesterday.

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Yoma Bank’s digital payments service to start soon

Yoma bank plans to start offering its digital payment service – Wave Money – within a few months, according to the bank’s chief executive officer Hal Bosher.

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Telco loan shows signs of life in onshore loan market

The Yangon subsidiary of Malaysian telecom tower builder OCK Group has signed one of Myanmar’s first-ever onshore syndicated loans from foreign banks, and bankers expect more to follow.

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Telenor tests 4G across five cities

Telenor Myanmar has tested fourth-generation (4G) mobile services in Yangon, Mandalay, Nay Pyi Taw, Myawady and Muse, a company spokesperson has told The Myanmar Times.

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OPIC extends into Myanmar

The United States Overseas Private Investment Corporation (OPIC) entered Myanmar for the first time on June 15 to start distributing a US$250 million loan to Yangon-based Apollo Towers Myanmar.

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Phandeeyar accelerator goes live

Calling all Myanmar start-ups: Do you have a good idea and proof the market likes it? If so, downtown Yangon innovation lab Phandeeyar may have US$25,000 for you.

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Facebook racks up 10m Myanmar users

The world’s most popular social network, Facebook, has made millions of new “friends” in Myanmar over the last few years. In that time, the site has played the part of nationwide news outlet, emergency relief coordinator and community water cooler – but it has also provided a backdrop for privacy invasion and cyber bullying.

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Facebook Free Basics lands in Myanmar

State-owned telecoms operator Myanma Posts and Telecommunications (MPT) has started offering Facebook’s Free Basics, a service meant to connect the global unconnected with rudimentary internet access, and which has stirred controversy in neighbouring India.

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