Myanmar courts Vodafone and Orange to help build cell network

|About: Vodafone Group Plc (VOD)|By:, SA News Editor

Myanmar's government has reportedly invited leading foreign mobile carriers, including Vodafone (VOD) and Orange (ORAN), to bid to run a cellular network in partnership with state-owned Myanmar Posts & Telecommunications (MPT).

The invitation is a second chance for Vodafone and Orange to enter the country after they lost out for two licenses earlier this year.

There is much room for growth in Myanmar, where less than 10% of its population of 60M people have mobile phones. However, concerns include the government's ambitious timetable for building the network and the potential involvement of a conglomerate connected to the military.