Qatar's Ooredoo launches Myanmar telecom network
Published on Aug 2, 2014 4:01 PM
YANGON (REUTERS) - Qatar’s Ooredoo on Saturday launched telecommunications services in Myanmar, one of the world’s least connected countries.
Ooredoo will take on two rivals rolling out networks in Myanmar, which has only 10 percent mobile penetration according to government figures. Norway’s Telenor Group won the other licence granted to foreign operators.
More than 90 companies and consortia submitted expressions of interest after the government issued a tender for the two licences last year.
"They really challenged the international industry in their international tender and created the most competitive process the world has ever seen in telecommunications,” Ooredoo Myanmar CEO Ross Cormack told reporters in Yangon, the commercial capital.
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