Misplaced Pages

Ooredoo Myanmar

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

This is an old revision of this page, as edited by BattyBot (talk | contribs) at 08:13, 17 January 2023 (Removed/fixed author parameter(s) to remove article from Category:CS1 errors: generic name, performed general fixes). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 08:13, 17 January 2023 by BattyBot (talk | contribs) (Removed/fixed author parameter(s) to remove article from Category:CS1 errors: generic name, performed general fixes)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Ooredoo Myanmar" – news · newspapers · books · scholar · JSTOR (May 2016) (Learn how and when to remove this message)
Ooredoo Myanmar
IndustryTelecommunications
Founded2013; 12 years ago (2013)
HeadquartersYangon, Myanmar
ParentNine communications pvt ltd.
Websitewww.ooredoo.com.mm

Ooredoo Myanmar is a telecommunications company in Myanmar.

History

In June 2013, Ooredoo was chosen as one of the two successful applicants among 90 bidders to be awarded a license to operate in Myanmar, considered one of the Asia’s last remaining greenfield telecom markets. Formal licenses were granted in January 2014, and Ooredoo pledged an investment of $15 billion to develop Myanmar’s telecoms sector, with plans to cover 75 per cent of the population in five years.

Following the 2021 Myanmar coup d'etat, many foreign companies exited the Burmese market, including Norwegian-owned Telenor Myanmar, due to increasing pressure from military authorities. On 7 September 2022, Ooredoo signed an agreement to sell Ooreedoo Myanmar to Singapore vehicle Nine Communications Pte. Ltd, at a value of $576 million USD, subject to Burmese regulatory approvals. Nine Communications is the subsidiary of zLink Family Office and Nyan Win, which have close ties to the Burmese military officials like Soe Maung.

Ooredoo Myanmar's current CEO is Rajeev Sethi who has 25 years of experience and 15 years of which are in the telco industry.

See also

References

  1. "Burma awards lucrative mobile phone contracts - BBC News". Bbc.co.uk. Retrieved 2016-05-03.
  2. Business, Gulf (2014-08-03). "Exclusive: Ooredoo CEO Dr.Nasser Marafih On Rebranding, Taxes And 2022 World Cup". Gulf Business. Archived from the original on 2016-03-10. Retrieved 2016-05-03. {{cite web}}: |last= has generic name (help)
  3. Potkin, Fanny; Aung, Thu Thu (2022-09-05). "EXCLUSIVE Qatar's Ooredoo to sell Myanmar unit to Singapore firm-sources". Reuters. Retrieved 2022-09-21.
  4. "Qatar's Ooredoo sells Myanmar unit for $576 million". Reuters. 2022-09-08. Retrieved 2022-09-21.
  5. Irrawaddy, The (2022-09-12). "Military Crony Linked to New Ownership of Ooredoo's Myanmar Unit". The Irrawaddy. Retrieved 2022-09-21.
  6. Bureau, Telecomdrive (2019-05-28). "Ooredoo Appoints Rajeev Sethi as new CEO for Ooredoo Myanmar". Telecom Drive. Retrieved 2019-06-17. {{cite web}}: |last= has generic name (help)

External links

Ooredoo
Categories: