4 telecom firms eye Myanmar | Bangkok Post: business

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4 telecom firms eye Myanmar

Myanmar has attracted at least four expressions of interest for telecommunications licences as it looks to create a proper network after decades of military rule and neglect.

The prospective operators include Telenor of Norway, the parent of the Thai mobile operator DTAC, plus Axiata of Malaysia and two Singaporean companies: Singapore Telecommunications, Asean's biggest phone company, and ST Telemedia, a unit of Temasek Holdings.

"It is a logical and interesting market to consider investing in," Axiata said in an e-mailed statement to Bloomberg News. "It represents a strategic market given its high growth potential."

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