When everybody and everybody seemed to be in the running for licenses in Myanmar, Digicel was one of the most aggressive competitors.
Digicel already employs 893 people in Myanmar, with a further 3,500 earmarked for hiring. Digicel is currently the title sponsor of the Myanmar Football Federation and the Myanmar Special Olympics Federation.
But now it’s out. Selling out to a major regional operator, Axiata, according to reports:
The Myanmar tower market is expected to be one of South East Asia’s largest and fastest growing telecommunication infrastructure service markets, the statement added.
Edotco wants to bring services it offers in the Asian region to Myanmar, such as towers, transmission, maintenance and potentially energy.
According to Suresh Sidhu, CEO of edotco, “the Myanmar telecommunications industry with its low mobile penetration, favourable regulatory conditions and high reliance on tower and infrastructure sharing presents significant potential for the edotco business as it expands into the new market.”
I like it that edotco says the regulatory conditions are favorable. We supported the Myanmar MCIT and the World Bank shape them.