Posted inMyanmar

Myanmar’s conflagration sparked Telenor’s fire sale

YANGON – Norwegian telecom giant Telenor’s surprise decision to divest from Myanmar underscores the dilemma many foreign investors face in the volatile and uncertain aftermath of the military’s February 1 coup. Last week, the firm sold off its entire mobile operations to the Lebanese M1 Group holding group for a fire sale price of US$105 […]

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