Market Share of Myanmar Telecom Industry
The Myanmar Telecom market is becoming competitive. Some major players in the market studied include Myanma Posts and Telecommunications (MPT)', Myanmar Broadband Telecom Co Ltd., ATOM Myanmar, Mytel S.A, and Global Technology Company. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers.
- In September 2022, Ooredoo announced that it had sold the Myanmar division of its business to Nine Communications Pte Ltd of Singapore. The deal's enterprise value was $576 million, while equity consideration totaled $162 million. Ooredoo said it had made the sale as part of its strategic decisions to focus on markets where Ooredoo is leading.
- In June 2022, the Norwegian-owned Telenor Myanmar was acquired by Atom, and the telecom firm declared that it had changed its name and started operating a network. In compliance with local laws, international laws, and regulations, Atom would offer its users personal security protection.
Myanmar Telecom Market Leaders
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Myanma Posts and Telecommunications (MPT)
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Myanmar Broadband Telecom Co.,Ltd. (MBT)
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Mytel
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ATOM Myanmar
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Global Technology Company
*Disclaimer: Major Players sorted in no particular order