Latest Comments

    i support ericsson as rcom can dupe anyone , they had... Sunday, 14 October 2018
  • Bud Biswas More
    Our company, Polaris Networks, has helped other smaller... Friday, 12 October 2018
  • Developing Telecoms More
    That is correct - it is the coastline of Equatorial Guinea,... Friday, 12 October 2018
  • Xavier Muñoz More
    This photo is not from São Tomé e Príncipe Thursday, 04 October 2018
  • More
    My name is Adewale. I am a Healthcare Manager in... Friday, 21 September 2018

China Mobile and Vodafone give up on Myanmar licence

After forming an alliance in an attempt to win a mobile licence in Myanmar, international telecom giants Vodafone and China Mobile have announced that they are abandoning the licensing race.

A statement from Vodafone confirmed that the two operators had decided “not to proceed with the process as the opportunity does not meet the strict internal investment criteria to which both Vodafone and China Mobile adhere.”

The firms did not provide any more details about their decision to pull out of the bidding. Having entered into an alliance in April to secure a licence, their apparent u-turn comes shortly after the final terms for the licences were made public on 20 May.

Myanmar’s relatively underdeveloped market indicates massive potential for growth, making it highly desirable for operators to obtain one of the two available licences. There are now eleven shortlisted applications following the withdrawal of the Vodafone-China Mobile alliance.

Comments powered by CComment