The Myanmar Times
Tuesday, 01 September 2015
The Myanmar Times
The Myanmar Times

Mobile penetration reaches half the country

Mobile penetration rates have increased to over 50 percent, according to the Ministry of Communication and Information Technology.

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Users react to telecom tariffs

IT is difficult to find a person who does not support the Pyidaungsu Hluttaw’s move to delay the introduction of a 5 percent tax on top-up for another year.

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Parliament suspends 5% tax on top-up

The Union Parliament yesterday suspended a newly imposed 5 percent commercial tax on mobile phone top-ups until the next fiscal year.

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Telcos in a data-rate duel

Data prices have reached new low rates in Myanmar, with dual, near-simultaneous price cuts by duelling telcos.

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Red Dot now in 3000 spots

Local payment services firm Red Dot has built up a network of more than 3000 retailers in Mandalay, Nay Pyi Taw and Yangon, chief marketing officer Andy Whelan said at a press conference yesterday.

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Ooredoo lowers internet costs

Ooredoo has cut its internet rates from K10 per megabyte to K6 per megabyte in a new promotion for the next three months – matching those of its international competitor, Telenor.

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Telenor works to address its child labour troubles

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.

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‘Tax on talking’ sparks backlash

A 5 percent tax to be levied on mobile top-ups beginning on June 1 is drawing public opposition.

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MPT may open more service shops

MPT is planning to open several more one-stop-service counters, providing service to customers including replacing lost SIMs, according to its deputy general manger U Thein Hote.

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MySquar aims at $25 million valuation as listing date nears

Social media company MySquar, now preparing to go public, has accepted a request from its brokers to up its share offering by 20 percent.

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