SingTel and Axiata Among 4 Telcos Keen to Enter Myanmar

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TELNY67.120.00

Bloomberg reports that at least four major telecoms firms are vying to be granted licenses to operate in the newly opened up Myanmar market. Singapore’s SingTel (SGX:T48) and Telemedia are in contention, along with Malaysia’s Axiata (MYX:6888), and Norway’s Telenor (NASDAQ:TELNY - News).

Two licenses are up for grabs as Myanmar aims to get phone coverage in 80 percent of the country by 2016. (Hat-tip to SGentrepreneurs for spotting this).


The post SingTel and Axiata Among 4 Telcos Keen to Enter Myanmar appeared first on Tech in Asia.
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