Myanmar delays mobile licence tender
Myanmar's communications ministry on Friday pushed back the deadline for expressions of interest in acquiring its fourth mobile licence into 2016.
Interested parties now have until 5pm local time on 8 January to submit their expression of interest form, the Ministry of Communications and Information Technology (MCIT) announced.
Earlier this month the MCIT set a deadline of 18 December for would-be applicants. It gave no reason for its decision to push back the timetable.
Once it has received the expressions of interest, the MCIT will select a preferred applicant and apply to the Posts and Telecommunications Department (PTD) for a licence, which will be valid for 15 years.
The successful applicant will be asked to form a joint venture with a consortium of 11 local investors and companies – including ISP Yatanarpon Teleport (YTP) – known as the Domestic SPV (special purpose vehicle).
Myanmar opened up its telecom sector in 2014 and is currently home to three mobile operators: Telenor, Ooredeoo, and Myanma Posts and Telecommunications (MPT), which includes Japan's KDDI among its partners.
According to the MCIT, telecom penetration had grown to 60% by the end of September 2015 from just 10% in 2013.
Totaltele.com