China Mobile Ltd Bid For Telecom Licence In Myanmar-Business Standard

Business Standard reported that apart from Airtel consortium, there are ten other bidders in the race for two new licences in Myanmar, which include Axiata, Digicel, France-Tel, KDDI CORP, Millicom, MTN Group Ltd, QTel, SingTel, Telenor ASA and Viettel. A consortium of Vodafone Group Plc and China Mobile Ltd decided to opt out of the bidding process. The winners are expected to be announced on June 27. The licences are for 2x5 MHz on 900 MHz and 2x10 MHz on 2,100 MHz. Overall, the Myanmarese government will award four licences, two new ones and two for the existing local operators, MPT (the incumbent) and Yatanarpon Teleport (YT).