Financial Times – Myanmar opens telecoms to foreign groups

By Gwen Robinson | 15 Jan 2013

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Myanmar’s government has begun the process of opening up the country’s telecoms industry, inviting foreign companies to submit expressions of interest for two national licences by January 25.

The licences, to be issued by June, will be the first of four telecoms licences planned for the sector and could run as long as 20 years with an option for renewal, the government said in a statement on Tuesday.

Yangon-based analysts said the progress of the telecoms tender would be an important signal for foreign investors. “How this process is handled by the Myanmar government and its tender evaluation committee will be an indicator and litmus test of what can be expected with further licensing processes,” said Romain Caillaud, managing partner in Yangon of consultant Vriens & Partners.