Telenor Myanmar has again found child and underage labour in its supply chain, violations which have increased as the company expands “aggressively” into new territory, CEO Petter Furberg said yesterday at the firm’s first local sustainability briefing.
Social media company MySquar, now preparing to go public, has accepted a request from its brokers to up its share offering by 20 percent.
A 5 percent commercial tax on telecom services in Myanmar will be officially enforced starting June 1, the Ministry of Communications and Information Technology (MCIT) announced May 18 at their office in Nay Pyi Taw.
Myanmar Tower Company (MTC), which is owned by Digical Asian Holdings, a joint venture between Digicel Group and YSH Finance, has been put up for sale, including all its contracts and sites, according to several market sources.
Yatanarpon Teleport (YTP) is working with a management committee to form a consortium of local partners, which will bid jointly for Myanmar’s coveted fourth telecommunications operator licence, according to YTP chief executive officer U Shane Thu Aung.