- 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.
Telecom Stock Roundup: Sprint & T-Mobile US Gain Subscribers in Q4, AT&T Unveils Data Roll-over Plan - Analyst Blog
at Zacks.com (Jan 15, 2015)