MTN has expressed its disappointment after having missed out on the opportunity to operate a telecommunications network in Myanmar. This followed the announcement today of two successful bidders for operating licences by that country’s Telecommunications Operator Tender Evaluation and Selection Committee.
The MTN Consortium, which included Myanmar-based Amara Communications and M1 Telecom Limited, was part of the highly competitive bid process involving 11 other international operators.
The company extended its congratulations to the successful bidders and wished them well in their efforts to connect the people of Myanmar with their loved ones and the world.
“In keeping with our strategy to continue exploring and evaluating suitable opportunities for further growth in developing countries, MTN still considers Myanmar an attractive market. To this end, we will review other options as they become available, and make a decision after the appropriate due consideration,” the company stated.