Vodafone and China Mobile Drop Out of Bidding for Myanmar Telecoms Licenses
Published on: 31st May 2013
Note -- this news article is more than a year old.
Vodafone and China Mobile are withdrawing from the process to award two telecommunications licences in Myanmar.
Following the publication of the final licence conditions on 20 May, the Vodafone-China Mobile consortium has reached the decision not to proceed with the process.
Without explaining the exact problem, the two companies said that the opportunity does not meet the strict internal investment criteria to which both Vodafone and China Mobile adhere.
The Vodafone-China Mobile consortium was amongst twelve short-listed applicants due to submit their final bid to the Myanmar authorities on 3 June.
twelve eleven pre-qualified applicants
(in alphabetical order) are:
- Axiata Group
- France Telecom + Marubeni
- KDDI + Sumitomo + Myanmar MICTDC + A1 Construction
- MTN Dubai + M1 Telecom + Amara Communications
- Qatar Telecom (Ooredoo)
- Singapore Telecommunications (Singtel) + KBZ + Myanmar M-Tel
- Viettel Group
Vodafone + China Mobile
According to the latest official data, as of end of December 2012, the current mobile base is 5.44 million subscribers equivalent to just 9% population penetration. 3.62 million or 67% of mobile subscribers are using GSM, 0.74 million or 14% are using WCDMA, 1.1 million or 20% are using CDMA.