Sunday, 29 May 2022

M1 Group finds a Burmese partner to greenlight Telenor Myanmar deal

by Harry Baldock, Total Telecom
Friday 21 January 22

The junta rejected M1 Group's attempt to purchase the unit last year, saying they preferred a local buyer

As a result of the military coup in February 2021, providing services as a telecoms operator in Myanmar has become harder and harder. For Telenor, one of the country’s largest operators, the situation soon became untenable, with the company writing off their investment in May last year.  By July, the Norwegian operator had agreed to sell the struggling unit to Lebanon&rsquo…

As a result of the military coup in February 2021, providing services as a telecoms operator in Myanmar has become harder and harder. For Telenor, one of the country’s largest operators, the situation soon became untenable, with the company writing off their investment in May last year.  By July, the Norwegian operator had agreed to sell the struggling unit to Lebanon&rsquo…

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