Ooredoo mulling taking stake in Digicel tower company

17 Mar 2014

Ooredoo Myanmar is reportedly considering plans to acquire a 10% stake in Digicel Asia Holding’s Myanmar tower company, TMT Finances writes, citing unnamed sources. The deal is understood to be part of the Qatari-backed cellco’s network rollout agreement with the Digicel-led consortium. Ooredoo had signed a deal with the consortium, which also includes Yoma Strategic Holding Finance (YSH) and First Myanmar Investment (FMI), in December 2013 to develop, construct and lease towers across the country.

Myanmar, Digicel Group, Ooredoo Myanmar