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Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm | Money - Vimarsana News

Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm | Money

BANGKOK, Jan 21 — Lebanon’s M1 Group will partner with a Myanmar firm to take over Norwegian telco Telenor’s business in the South-east Asian country after its military junta sought a local buyer, three sources familiar with the matter told Reuters. Telenor, one of the biggest foreign...

Telenor sells off digital payment business in Myanmar; new taxes hit operators - Vimarsana News

Telenor sells off digital payment business in Myanmar; new taxes hit operators

Telenor’s planned sale of its 51 percent stake in Myanmar's Wave Money, a digital payment service provider, for $53 million to a subsidiary of Yoma Strategic, mentioned in these pages in early January, is finally going through.

Telenor aims to sell its stake in Myanmar mobile payment service - Vimarsana News

Telenor aims to sell its stake in Myanmar mobile payment service

It may come as little surprise that, having tried to offload its Myanmar mobile communications business, Telenor now aims to sell its 51 percent stake in Wave Money, one of Myanmar’s biggest mobile payment services.

Telenor executives "requested" not to leave Myanmar - junta minister - Vimarsana News

Telenor executives "requested" not to leave Myanmar - junta minister

Myanmar's military rulers have asked executives from Norwegian telecom firm Telenor not to leave the country pending regulatory approval of the company's deal to sell its operations there, a junta minister said on Tuesday. Aung Naing Oo, the military's investment minister, told Reuters authorities wanted "to have discussions physically with some of the Telenor management".

As Lebanese got poorer, politicians stowed wealth abroad - Vimarsana News

As Lebanese got poorer, politicians stowed wealth abroad

BEIRUT (AP) — A trove of leaked documents confirmed that for years, Lebanon’s...