Ooredoo, Telenor finally get Myanmar telecom licenses

Ooredoo MyanmarQatar’s Ooredoo and Norway’s Telenor can now begin rolling out their telecommunications networks in Myanmar as their licenses – after a long wait – have been formally awarded on January 30, local media reported.

Myanmar announced in June 2013 that Ooredoo and Telenor Group had won licenses after a hotly contested bidding process to develop networks in one of the world’s least connected countries. However, the procedure of formally awarding the licenses has been delayed since.

Telenor now signed the 15-year license agreement to build and operate a mobile phone network in Myanmar, and aims to launch voice and data services there within eight months, the company said on January 30. It will pay $500 million for the license and said peak funding costs, defined as the licence fee plus accumulated losses until it reaches operating cash flow break-even, is expected to be around $1 billion. The company expects cash break even after three years, it said.

Ooredoo declined comment so far. It said in an earlier statement that it would begin rolling out a network to cover Myanmar’s four biggest cities within six months and 97 per cent of the population in five years.



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Qatar's Ooredoo and Norway's Telenor can now begin rolling out their telecommunications networks in Myanmar as their licenses - after a long wait - have been formally awarded on January 30, local media reported. Myanmar announced in June 2013 that Ooredoo and Telenor Group had won licenses after a hotly contested bidding process to develop networks in one of the world's least connected countries. However, the procedure of formally awarding the licenses has been delayed since. Telenor now signed the 15-year license agreement to build and operate a mobile phone network in Myanmar, and aims to launch voice and data...

Ooredoo MyanmarQatar’s Ooredoo and Norway’s Telenor can now begin rolling out their telecommunications networks in Myanmar as their licenses – after a long wait – have been formally awarded on January 30, local media reported.

Myanmar announced in June 2013 that Ooredoo and Telenor Group had won licenses after a hotly contested bidding process to develop networks in one of the world’s least connected countries. However, the procedure of formally awarding the licenses has been delayed since.

Telenor now signed the 15-year license agreement to build and operate a mobile phone network in Myanmar, and aims to launch voice and data services there within eight months, the company said on January 30. It will pay $500 million for the license and said peak funding costs, defined as the licence fee plus accumulated losses until it reaches operating cash flow break-even, is expected to be around $1 billion. The company expects cash break even after three years, it said.

Ooredoo declined comment so far. It said in an earlier statement that it would begin rolling out a network to cover Myanmar’s four biggest cities within six months and 97 per cent of the population in five years.



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Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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