Friday, May 27, 2016
The Myanmar Times
The Myanmar Times

Telcos targets tourists with SIM promotion

As Myanmar increasingly becomes a tourist destination, the country’s telcos have started selling SIM cards targeted at foreign visitors.

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Yoma keeps stake in telecoms tower firm

Yoma Strategic Holdings has decided to hold on to its 25 percent stake in Myanmar Tower Company (MTC) owner Digicel Asian Holdings, announcing a partnership with majority shareholder and Axiata subsidiary Edotco Group on December 4 that gives Yoma the right to sell if it changes its mind.

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Telenor signs agreement with Malaysian towers company

Telenor Myanmar has signed a memorandum of understanding with Malaysia telecoms service provider OCK Group and its local Myanmar partner, King Royal Technologies, the Shah Alam-based company announced last week.

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Microsoft inks second deal with Myanmar

Microsoft has for the second time in three months announced a deal with a local Myanmar conglomerate, this time to license infrastructure and software to real estate and construction giant Shwe Taung Group for an undisclosed sum.

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Malaysian telco issues $500m Islamic bond for Myanmar towers investment

Malaysian telecoms giant Axiata Group on November 13 issued a US$500 million Wakala Sukuk, or Islamic bond, to fund its investment into a Myanmar towers business.

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Myanmar named fourth-fastest-growing mobile market in the world by Ericsson

The world added 87 million new mobile subscribers this past quarter, with nearly 6 percent of them coming from Myanmar, making it the fourth-fastest growing market on earth, according to Ericsson’s Q3 2015 Mobility Report.

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Satellite program aims at Myanmar’s skies

A tender for satellite services in Myanmar has reached advanced stages, with the pool of applicants whittled down to four bidders.

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Ministry ready to support 4G networks

As soon as operators are ready to launch a fourth-generation network in Myanmar, the communication ministry will release the necessary spectrum, said the deputy minister.

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Roland Berger to run tender for fourth Myanmar telco: sources

The German consultant that advised on a government tender for two international telecoms operator licences – won by Telenor and Ooredoo – will provide support for a new tender for a fourth licence, said industry sources.

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Draft automobile policy to be submitted this session

The draft of a new Myanmar Automobile Policy which aims to improve domestic car production and make prices more affordable will be submitted to parliament this session.

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