MTN congratulates successful bidders for Myanmar telecoms licence

MTN is disappointed to miss out on the opportunity to operate a telecommunications network in Myanmar, following the announcement today of two successful bidders for operating licences by that country's Telecommunications Operator Tender Evaluation and Selection Committee.

The MTN Consortium, which included Myanmar-based Amara Communications and M1 Telecom, was part of the highly competitive bid process involving 11 other international operators.

MTN congratulates the successful bidders and wishes them well in their efforts to connect the people of Myanmar with their loved ones and the world.

In keeping with its strategy to continue exploring and evaluating suitable opportunities for further growth in developing countries, MTN still considers Myanmar an attractive market. To this end, it will review other options as they become available, and make a decision after the appropriate due consideration.