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Norway's Telenor Writes Off its Myanmar Operation Amid Crisis – The Diplomat


Telenor SIM cards for sale on Merchant Road in downtown Yangon, June 2015.
Credit: Flickr/Remko Tanis
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The Norwegian telecommunications firm Telenor Group has decided to write off the value of its operation in Myanmar, in light of the country’s deteriorating security and human rights situation, the company announced yesterday.
Citing the country’s “irregular, uncertain, and deeply concerning situation” since the military’s February 1 coup, the company fully impaired Telenor Myanmar in its first-quarter accounts, booking a loss of 6.5 billion kroners (around $783 million).
“Due to the worsening of economic and business environment outlook and a deteriorating security and human rights situation, we see limited prospects of improvement going forward,” CEO Sigve Brekke said in a statement. ....

Aung Hlaing , Thein Sein , Sigve Brekke , Min Aung Hlaing , Telenor Group , Telenor Group Asia , Telenor Myanmar , President Thein , South Korea , Adani Ports , Southeast Asia , Myanmar Coup , Myanmar Economy , Myanmar Telecommunications , ஆங் லைங்க் , அவர்கள் சேண் , நிமிடம் ஆங் லைங்க் , டெலினர் குழு , டெலினர் குழு ஆசியா , டெலினர் மியான்மர் , ப்ரெஸிடெஂட் அவர்கள் , தெற்கு கொரியா , அதானி போர்ட்ஸ் , தென்கிழக்கு ஆசியா , மியான்மர் சதி , மியான்மர் பொருளாதாரம் ,

Myanmar authorities orders nationwide shutdown of the data network


Norwegian
(Oslo, 6.2.21) The Myanmar Ministry of Transport and Communications (MoTC) has directed all mobile operators to temporarily shut down the data network in Myanmar. Voice and SMS services remain open.
In the directive, the MoTC cites legal basis in Myanmar’s Telecommunication Law, and references circulation of fake news, stability of the nation and interest of the public as basis for the order. Telenor Myanmar, as a local company, is bound by local law and needs to handle this irregular and difficult situation. We have employees on the ground and our first priority is to ensure their safety. 
Telenor Group views this development with deep concern. We have emphasised to the authorities that access to telecom services should be maintained at all times, especially during times of conflict, to ensure people’s basic right to freedom of expression and access to information. We deeply regret the impact the shutdown has on the people in Myanmar. ....

Cathrine Stang Lund , Hanne Knudsen , Telenor Group , Communications Mo , Telenor Group Asia , Myanmar Ministry , Telecommunication Law , Oslo Stock Exchange Tel , கேத்ரின் ஸ்டாங் லண்ட் , ஹேன் நட்‌ஸெந் , டெலினர் குழு , தகவல்தொடர்புகள் மோ , டெலினர் குழு ஆசியா , மியான்மர் அமைச்சகம் , தொலைத்தொடர்பு சட்டம் , ஒசிலோ ஸ்டாக் பரிமாற்றம் தொலைபேசி ,

Investegate |Telenor Announcements | Telenor: Myanmar authorities orders nationwide shutdown of the data network


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Cathrine Stang Lund , Hanne Knudsen , Telenor Group , Communications Mo , Telenor Group Asia , Myanmar Ministry , Telecommunication Law , Investegate Announcements , Investegate Company Announcements , Globe Newswire , Globenewswire And , கேத்ரின் ஸ்டாங் லண்ட் , ஹேன் நட்‌ஸெந் , டெலினர் குழு , தகவல்தொடர்புகள் மோ , டெலினர் குழு ஆசியா , மியான்மர் அமைச்சகம் , தொலைத்தொடர்பு சட்டம் ,