August 19, 2016

Viet Nam’s Viettel becomes 4th JV telecom operator in Myanmar

Viet Nam-based Viettel was chosen as fourth telecom operator with joint venture system with 11 local public companies and Star Height Public Co Ltd, announced today by Ministry of Communications and Information Technology.

Viettal owns 49 per cent of the stakes while a group of local public companies shares make a total of 51 per cent.

With an initial investment of US$300 million,  the fourth telecom operator would operate 2G and 3GNetworks.


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