The newly-licensed Myanmar operation of Qatar’s Ooredoo has announced that it will be building out its mobile tower network in cooperation with a consortium led by Irish-backed, Jamaica-based Digicel Group. Digicel is working with Yoma Strategic Holding Finance (YSH) and First Myanmar Investment (FMI) to deploy a network of towers across the country which will also be opened for lease to other tenants. Digicel had originally hoped to win its own operating concession in Myanmar but in June this year it was announced that Ooredoo and Telenor of Norway had been awarded the two available combined wireline and wireless licences. The two newcomers are both expecting to launch commercial services in 2014, bringing the first competition for state-owned Myanmar Post and Telecommunication (MPT).
It is thought that Digicel had begun deploying infrastructure ahead of the licence awards and is now attempting to capitalise on investments of around USD25 million. The company’s latest financial release states: ‘We continue to explore ancillary opportunities in Myanmar and are evaluating these on an ongoing basis.’