23 companies shortlisted for Myanmar concessions according to report

5 Apr 2013

According to TMT Finance, which cites an unnamed source with knowledge of the process, a total of 23 companies and consortia have been shortlisted for two new mobile operator concessions up for grabs in Myanmar. Reportedly on the shortlist are:

Aco Investment Group

Asia MegaLink Consortium

Axiata

Bewel

Bharti Airtel

Charlene Pokphand

China Telecom

Digicel

First Pacific

France Telecom-Orange

Frontier Consortium

IG Consortoim

IT Telecom Consortium.

Millicom International Cellular (MIC)

MTN

Orascom

Ooredoo (Qtel)

SingTel

STT

Telekinesis Indonesia/Myanmar Telecom

Telenor

Viettel

Vodafone/China Mobile.

In separate but related news, Digicel’s bid is believed to be as part of a consortium comprising Digicel, George Soros’s Quantum Strategic Partners and investment holding company Yoma Strategic Holdings. Digicel chairman Denis O’Brien said: ‘With current mobile penetration below 10% in Myanmar, we are committed to rolling out a world-class telecommunications network and have submitted a pre-qualification application to the government of Myanmar.’