YSH increases investment in Digicel’s Myanmar division

28 May 2014

Yoma Strategic Holdings (YSH) has announced that its 80% owned subsidiary YSH Finance has increased its stake in Myanmar’s Digicel Asian Holdings from 8% to 25%, making the firm an associated company of Yoma. The Business Times writes that YSH Finance subscribed to an additional 420,000 new shares for USD427,333. The remaining 75% stake is held by pan-Caribbean operator Digicel Group. Digicel Asian Holdings missed out on winning either of the telecoms licences awarded in Myanmar last year, but has retained a presence in the country, rolling out wireless infrastructure which it will lease to the nation’s cellcos.

Myanmar, Digicel Group,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share