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Myanmar government meets own deadline for issuing mobile licenses?

An unconfirmed Reuters report indicates that the Myanmar government may have met its end of year deadline for issuing licenses to Telenor and Ooredoo.

A senior Myanmar Investment Commission (MIC) official said that operation licenses had been granted last week to Telenor and Ooredoo, the two international telecom giants selected through bidding mid last year, the Voice Daily reports. The two operators had earlier announced plans to invest about $15 billion and $ 2 billion respectively in the 15-year projects, it added.

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