Norway's Telenor and Qatar's Ooredoo have finally been awarded the long-awaited telecom licences today.
In a statement, Telenor Group presiden and CEO Jon Fredrik Baksaas welcomed the move, saying that this would bring about world-class mobile services to Myanmar.
“A major milestone has been passed with the signing of the nationwide telecommunications license agreement with the Myanmar government. This is the start of an exciting journey in Myanmar’s development, which Telenor will support through the delivery of world-class mobile services, responsible business practices and high standards that we live by in all of our markets,” added Baksaas.
With a population of around 60 million, of which less than 10 percent have access to mobile services, Myanmar represents a strong business opportunity for Telenor in Asia. Telenor Group will build on its global and regional experience to establish Telenor Myanmar as a successful mass market operator.
There was record interest for the license award process in Myanmar with more than 91 companies expressing interest to participate. Following announcement on June 27 last year of the successful applicants, Telenor entered into consultation with the authorities to finalise details of the policy framework.