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Telenor Myanmar (Burmese: တယ်လီနော မြန်မာ) was a telecommunications brand in Myanmar (Burma) between 2014 and 2022. It was established as a subsidiary of the Norwegian Telenor Group, [1] and was sold off to the Lebanese M1 Group in the aftermath of the 2021 Myanmar coup d'état . [2]
Telenor Group has been informed that the Myanmar Investment Commission has given final regulatory approval to the sale of Telenor Myanmar to M1 Group.
Jul 8, 2021 · OSLO, July 8 (Reuters) - Norwegian telecoms firm Telenor (TEL.OL) has sold its Myanmar business, blaming the difficulties of operating under the military junta and dealing a blow to activists...
Mar 18, 2022 · SINGAPORE, March 18 (Reuters) - Myanmar's junta has given the final approval for the sale of Norwegian telecommunications company Telenor's (TEL.OL) operations in the country to a local company...
Sep 27, 2021 · Telenor is supporting the NCP with facts and clarifications, but contends that the complaint should not be brought for further assessment by the NCP, as there is an insufficient link between the cause of the human rights violations and the operations and decision to sell Telenor Myanmar.
Mar 25, 2022 · Telenor will receive payments for the sale of its Myanmar operations over the next five years, the Norwegian telecoms company said on Friday as it announced the completion of the transaction.
Mar 24, 2022 · Telenor has completed the sale of Telenor Myanmar. In line with the sales and purchase agreement, Telenor has received USD 50 million (approximately NOK 450 million) at closing. The remaining USD 55 million shall be received in equal installments over the coming 5 years.
Jul 8, 2021 · Telenor and other telecoms groups in Myanmar, which include Qatar’s Ooredoo and military-backed operators, had been forced to cut off mobile and internet services by the junta.
Jul 8, 2021 · Telenor, the Norwegian telecommunications company, says it has reached an agreement to sell its Myanmar mobile phone business to M1 Group, exiting a country that was plunged into chaos after...
