Myanmar invites bids for fourth operator

Myanmar invited local firms to step forward for a fourth mobile licence in what is becoming an increasingly competitive market. In a two-stage process, local public companies with registered capital of at least $2.3 billion are invited to state their …

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Myanmar’s MPT cuts voice rates to maintain lead

Myanma Posts & Telecommunications (MPT) has slashed the price of voice calls from MMK35 (almost 3 cents) to MMK23 (2 cents) a minute, putting pressure on its two foreign rivals Ooredoo and Telenor, which launched services less than a year …

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Myanmar’s newcomers kick off data price war

Myanmar’s hyper-competitive mobile market is even more fierce after Ooredoo introduced a promo offering data at MMK6 (less than half a cent) per megabyte and Telenor responding with an MMK5 per megabyte rate just hours later. Ooredoo earlier this week …

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Myanmar’s operators to levy 5% tax on top-ups

The Myanmar government will start to enforce a 5 per cent commercial tax on telecoms services on 1 June. According to the Ministry of Communications and Information Technology (MCIT), the tax, which was passed last year, has been selectively enforced …

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Philippine WiMAX operator exits “rehabilitation”, plans mobile service in 2016

Liberty Telecoms, the troubled WiMAX provider in the Philippines, has made an early exit from corporate rehabilitation after a Makati court closed the proceedings. The company, a joint venture between San Miguel Corp and Ooredoo, operates WiMAX service under the …

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Telenor aims for H2 money launch in Myanmar, as rival Ooredoo gets its man

Petter-Borre Furberg, CEO of Telenor Myanmar, is gunning to launch mobile money in the country in the second half of 2015, while rival Ooredoo has nabbed an executive with a record of deploying such services in Africa. “We will be …

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Ooredoo Q1 profit dragged down by Iraq, exchange rates

Ooredoo’s Q1 net profit, year-on-year, plummeted 43 per cent, to QAR501 million ($138 million), as a combination of tough trading conditions in Iraq and unfavourable currency swings took their toll. Net profit in Iraq fell from QAR304 million (Q1 2014) …

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Ooredoo uncovers $1B-plus B2B market

From small traders to sprawling multinationals, enterprise customers are “significantly underserved” in the markets where Ooredoo has a presence, chief commercial officer Cynthia Gordon said in an interview with Mobile World Live. There are an estimated nine million companies present in …

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Ooredoo reports Q4 profit slump

Ooredoo announced a sharp drop in Q4 2014 profit, as factors such as price competition and the security situation in Iraq, Myanmar start-up costs and currency issues in Indonesia took their toll. “We continue to invest in our infrastructure to …

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