KDDI is reportedly close to signing a deal that would see it take over the management of the state owned telecom network in Myanmar.
Myanmar recently granted mobile licences to Ooredoo and Telenor, bringing competition to the underserved market, where the state-owned telco was largely a tool of the military and politicians.
Citing government officials, local media reported that KDDI is expected to sign a deal by the end of the month to take over the management of Myanmar Posts and Telecommunications (MPT).
Other bidders to run MPT included Orange and SingTel, although they were dropped from the bidding.
0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment