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0.0104754230459308 0.0104754230459308 0.0104754230459308 0.0104754230459308 0.0104754230459308 0.00975020145044323 0.00402900886381956 -0.0048348106365833
Stock impact report

Myanmar Telecoms Industry Report 2024 - Myanmar Post Telecommunications (MPT), Atom Myanmar, Ooredoo Myanmar and Mytel Dominate the Market [Yahoo! Finance]

TELENOR ASA S/ADR (TELNY) 
NASDAQ:AMEX Investor Relations: barchart.com/stocks/quotes/telny/profile
Company Research Source: Yahoo! Finance
The Myanmar Telecommunications Industry Report includes a comprehensive review of the Myanmar market dynamics, market sizing, market forecasts, analysis, insights and key trends. Key Developments in Myanmar's Telecom Industry: Military Coup Impacting Foreign Investment : The 2021 coup led to significant reductions in foreign direct investment (FDI) due to political instability. New 15% Internet Tax : A 15% tax on both mobile and fixed internet data was introduced, impacting service costs for consumers. Telenor's Exit : In 2022, Telenor exited the Myanmar market, with Lebanon-based M1 Group and local conglomerate Shwe Byain Phyu taking over operations. Ooredoo's Exit : In 2023, Ooredoo left the market, with its operations acquired by Singapore-based Nine Communications and Thailand's Link Group. Slowdown in Infrastructure Rollout : The rollout of mobile towers and telecom infrastructure has slowed, especially with Mytel, due to its close ties with the junta government. S Show less Read more
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