Calls for Telenor to maintain its local presence have clearly not been enough to convince it to stay, with the company indicating that its continued operation in Myanmar is not tenable.
Just days after moving to quell rumours it was planning to sell off its Myanmar mobile telco business, Norway’s Telenor has revealed it has sold its Telenor Myanmar subsidiary to M1 Group for US$105 million.
As Telenor continues to evaluate whether to keep its Myanmar business unit, reports have emerged that the country’s military is barring Myanmar telco executives from travelling beyond its borders.
Telecommunications provider Telenor has said it is still evaluating whether it will continue to operate its telco business in Myanmar, dismissing reports that it was seeking to sell the business unit.
Virtusa has migrated Oway Group to Google Cloud to ensure the Myanmar-based ride-hailing start-up remained flexible during Covid-19.
Innovation Awards 2023 is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in ASEAN.
