Myanmar government passes bill to promote telecoms sector

Myanmar’s parliament has approved a bill to boost the country’s telecoms sector, Xinhua reports. The bill is aimed at clearing the way for more private sector firms to enter the telecoms market, with foreign companies now able to hold a communications licence for a maximum 20 years. The new bill is part of the government’s scheme designed to boost teledensity to 23% in fiscal year 2013-14, 50% in 2014-15 and between 75%-80% in 2015-16.