BANGKOK (AP) Norway-based Telenor said Friday that authorities in military-ruled Myanmar have approved its plan to sell its telecoms business in the country to the M1 Group, a Lebanese-based investment firm.
Once perceived as Asia's final frontier, Myanmar has been tested severely by dual shocks a surge in Covid-19 cases in 2021 and the military coup that has brought its economy close to a standstill and left its people suffering from ongoing violence.
A Telenor Myanmar customer has complained to Norway's data protection authority that a planned sale of the business risks a potentially dangerous breach of privacy