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Myanmar invites local firms to bid for fourth mobile licence Myanmar invites local firms to bid for fourth mobile licence

Myanmar invites local firms to bid for fourth mobile licence

Myanmar invites local firms to bid for fourth mobile licence

 
Local companies in Myanmar now have the option of bidding for the country’s fourth mobile licence, adding another level of competition to the market.

Public firms with at least $2.3 billion registered capital have been asked to declare their interest in bidding by August 24th, with the winner required to partner with a foreign company.

There are already 3 operators offering services in Myanmar: MPT-KDDI, Ooredoo and Telenor, with the latter already boasting 9.5 million subscribers. Growth in Myanmar has been quick, with the penetration rate already at 27.5% at the end of Q2 2015.

Once the fourth licence has been awarded, the second stage of the process will commence and the winner will find a foreign partner. This stage is unlikely to be completed before the end of the year.

The most likely candidate to win the fourth licence is state-owned ISP Yatanarpon Teleport (YTP), which has expressed its goal of creating a consortium of local firms to bid. It may face competition from Vietnamese operator Viettel, which has also expressed interest in the market.

Source: Developing Telecoms

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