It will be a hard road for the fourth licensee, now that MPT, Telenor and Ooredoo have got a running start. The challenges of managing a large consortium will also be considerable.
The newest tender winner will join an 11-company consortium comprising Myanmar Technologies and Investment Corporation, Myanmar ICT Development Corporation, Myanmar Agribusiness Public Corporation, Shwe Pyi Tagon Telecommunication Public Company, Golden Land East Asia Development, Myanmar Edible Oil Industrial Public Corporation, Myanmar Industries Alliance Public, Myanmar Agriculture and General Development Public, International Power Generation Public Company, Royal Yatanarpon Telecom Public Company and Mahar Yoma Public Company, the EOI document said.
U Shane Thu Aung, director at Royal Yatanarpon Telecom (YTP), said the local consortium will be called Myanmar National Telecom Holding Public.
The fourth licence will have an initial duration of 15 years, and will be renewable for at least 10 additional years, subject to compliance – the same terms as were granted to Telenor and Ooredoo