Sunday, February 2, 2014
Myanmar opens up mobile market to two foreign firms
The following news is reported by BBC
The government in Myanmar, formerly known as Burma, has finalised a landmark agreement that will see its telecoms network opened up to foreign investment.
Norway's Telenor and Qatar's Ooredoo won licenses last year to build and operate new mobile phone and data networks in the long-isolated country.
The country's telecommunications infrastructure is poor and the investment is expected to run into billions of dollars.
It is estimated that only one in ten people have access to a telephone in Myanmar, which has a population of 60 million.
The BBC's Yangon correspondent Jonah Fisher spoke with the chief executive of Ooredoo.
February 02, 2014
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