Reuters reveals Qatar telecoms firm Ooredoo in talks to sell its Myanmar unit - Reuters News Agency
Business & Finance

Reuters reveals Qatar telecoms firm Ooredoo in talks to sell its Myanmar unit

Reuters exclusively reported that Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit in what would mark the exit of the country’s last foreign telecoms operator. Doha-based Ooredoo has informed Myanmar’s Posts and Telecommunications Department, the country’s regulator, of its intention to sell a unit that was Myanmar’s third-biggest operator, with nearly 15 million users in 2020, before the industry was disrupted by February 2021’s military coup.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Middle East
Countries: Qatar
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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