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Telenor Withdrawal Will Hobble Myanmar's Economy, Protections on Privacy: Experts — Radio Free Asia


AP Photo
The decision by a Norwegian telecommunications firm to pull out of Myanmar following the junta’s Feb. 1 coup d’état will deal a blow to the country’s already struggling economy and grant the military significantly more control over the privacy of its citizens, according to experts.
On July 8, Norway’s Telenor Telecommunications Co. announced that it plans to sell all of its existing services in Myanmar to Lebanese firm M1 Group. Telenor chief executive Sigve Brekke said in a statement that the company decided to leave the country after nearly a decade of doing business there because of growing challenges in terms of compliance with rules and regulations. ....

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Norway's Telenor exits Myanmar, sells stake to military-linked firm


Norway s Telenor exits Myanmar, sells stake to military-linked firm
Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs ‘Dirty List’ in 2019 for business ties with the country’s brutal military.
  |  10 July 2021 4:38 AM GMT
KOLKATA: Norwegian telecom behemoth Telenor has sold off its Myanmar operations to the Lebanese investment firm M1 Group, a firm now on the Burma Campaign UKs Dirty List in 2019 for business ties with the country s brutal military.
Late on Thursday, Telenor announced that it has sold its mobile operations in Myanmar to M1 group for $105 million. ....

West Bengal , Republic Of , Sigve Brekke , Burma Campaign Uks Dirty List , Burma Campaign United Kingdom Dirty List , Telenor Group , Vietnam Ministry Of Defence , Burma Campaign , Dirty List , Telenor Myanmar , Burma Campaign United Kingdom , Dirty List , Irrawaddy Green Towers , Qatar Owned Oredoo , Myanma Posts , Myanmar Posts , மேற்கு பெங்கல் , குடியரசு ஆஃப் , சிட்டி வங்கி , பர்மா பிரச்சாரம் ஒன்றுபட்டது கிஂக்டம் அழுக்கு பட்டியல் , டெலினர் குழு , வியட்நாம் அமைச்சகம் ஆஃப் பாதுகாப்பு , பர்மா பிரச்சாரம் , டெலினர் மியான்மர் , பர்மா பிரச்சாரம் ஒன்றுபட்டது கிஂக்டம் , அழுக்கு பட்டியல் ,

UPDATE 3-Telenor quits Myanmar with $105 mln sale to Lebanon's M1 Group


Security situation has worsened since, Telenor CEO says
Activists say sale leaves them vulnerable
M1 Group not available for comment
tmsnrt.rs/3hoGpIL (Adds quotes from Telenor CEO, activists, investor, analyst, share, bullet points, graphic)
OSLO, July 8 (Reuters) - Norwegian telecoms firm Telenor has sold its Myanmar business, blaming the difficulties of operating under the military junta and dealing a blow to activists who say they relied on the only Western operator for communications.
Telenor, one of the biggest foreign investors in Myanmar, sold its Myanmar operations to Lebanese investment firm M1 Group for $105 million, announcing its retreat from a country that slid into chaos after a military coup in February. ....

Simon Cameron Moore , Maha El Dahan , Fanny Potkin , Janicke Scheele , Barbara Lewis , Kim Coghill , Gwladys Fouche , Sigve Brekke , Tom Hogue , Supantha Mukherjee , Thomson Reuters Trust Principles , United Nations , Danske Bank Credit Research , Southeast Asian , Thet Swe Win , Irrawaddy Green Towers , Thomson Reuters Trust , சிமோன் கேமரூன் மூர் , மஹா எல் தஹான் , ஃபன்னி போட்கின் , பார்பரா லெவிஸ் , கிம் கோகில் , டோம் ஹாக் , சுப்பந்த முகர்ஜி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ஒன்றுபட்டது நாடுகள் ,

Telenor announces Myanmar exit


Telenor announces Myanmar exit
published :
9 Jul 2021 at 05:33
This file photo shows customers queue to buy Telenor sim cards at a mobile shop in Yangon. (AFP photo)
OSLO: Norwegian telecoms firm Telenor ASA has sold its Myanmar business, blaming the difficulties of operating under the military junta and dealing a blow to activists who say they relied on the only Western operator for communications.
Telenor, one of the biggest foreign investors in Myanmar, sold its operations to Lebanese investment firm M1 Group for $105 million, announcing its retreat from a country that slid into chaos after a military coup in February.
It was one of the few Western companies to bet on the Southeast Asian country after it emerged from military dictatorship a decade ago. ....

Janicke Scheele , Sigve Brekke , United Nations , Danske Bank Credit Research , Southeast Asian , Thet Swe Win , Irrawaddy Green Towers , ஒன்றுபட்டது நாடுகள் , தென்கிழக்கு ஆசிய , இரவாடீ பச்சை கோபுரங்கள் ,