KDDI Corp (9433.T)
20 Jan 2017
YANGON, Jan 12 Myanmar on Thursday awarded its fourth - and final - telecoms license to a joint venture between Vietnam's telecom company Viettel and two local firms, heating up competition in a rapidly growing market by adding a second majority-Myanmar operator.
YANGON Norwegian telecoms company Telenor will focus on improving data services in Myanmar, the head of the local business said on Wednesday, as an era of rapid subscriber growth following the opening up of the economy has ended.
* Says it plans to set up new unit to take over its business of DeNA Shopping and its controlling subsidiary's business of au shopping mall
* Says the co entered into agreement with KDDI Corp to form business and capital alliance