Nikkei Asian Review report of Viettel and Myanmar partner being licensed to provide mobile phone services yet to be confirmed by Vietnamese giant.
Vietnamese telecom provider the Viettel Group and its Myanmar partner will be granted a license to provide mobile phone services in Myanmar, Nikkei Asian Review has reported.
The Myanmar partner is a group comprising eleven companies, including Yatanarpon Teleport (YTP), a Myanmar internet service provider. Word of the license came from Myanmar’s communications ministry.
A representative of Viettel told VET, however, that the group has not yet received any official confirmation.
Myanmar opened its market up to wireless communications services in the summer of 2014, putting an end to the monopoly of the State-owned Myanmar Posts and Telecommunications (MPT). Together with MPT, two telecom companies - Telenor ASA from Norway and Ooredoo from Qatar - have received licenses to operate in the country, becoming its first foreign telecom operators.
Viettel participated in bidding for a license in 2014 but failed to match the price.
It continued to pursue its goal of becoming a telecommunications service provider in Myanmar and passed a resolution to invest in the market and established Viettel Myanmar to seek opportunities.
In September 2014 another telecommunications group from Vietnam, VNPT, opened a representative office in Myanmar as a first step in entering the market.