Seeking Alpha

Myanmar courts Vodafone and Orange to help build cell network

  • 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.
Comments (1)
  • Veritas1010
    , contributor
    Comments (1599) | Send Message
     
    It would seem VOD would be au natural with its stake in India, Essar Ltd. Building out India and inter-connectivity with Myanmar. Former British possession could work out geographically, if (big 'IF') VOD's management handles the roll-out with a velvet glove unlike India. Orange has debt to consider and an on-going war with illiad. It needs to stay (and reinforce) its existing structure in Europe and Africa and not seek new world's to conquer!
    27 Oct 2013, 05:58 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs