First mobile operator in Myanmar to exercise option of acquiring additional 1800MHz spectrum
Investing more in ultramodern network for delivering best customer experience
Telenor Myanmar will invest USD 80 million in Myanmar toacquire additional 2X10 MHz spectrum in the 1800MHz frequency band. The company will also optimize its network to continuously deliver consistent and improved 4G data experience.
“Myanmar has shown an exceptional hunger for mobile data, and to meet the incredible demand Telenor continues investing in a state-of-the-art network. Today, we are doubling our capacity for delivering high-quality 4G services, resulting in an immediate benefit for our customers who will experience smoother internet services and better indoor coverage,” said Lars Erik Tellmann, Chief Executive Officer at Telenor Myanmar.
In May 2017, Telenor was allocated its first 2X10MHz of 1800MHz spectrum for USD 80 million. In that process, all operators were given an option to acquire additional spectrum on a first come first served basis. Telenor is the first operator in Myanmar that exercise the right to obtain more spectrum, providing a solid spectrum position to support roll out of “real 4G” services.
During the last six months, Telenor has rapidly deployed its 4G network and by the end of 2017 the company expect to cover Myanmar’s top 50 cities and most famous destinations. This means that 2/3 of the country’s urban population is already living within the company’s 4G footprint.
“Myanmar has clear ambitions ofaccelerating its digital economy, and I believe that increased deployment of an ultramodern mobile infrastructure will support Myanmar in its digital transformation. As one of the largest foreign investors in Myanmar we continue efforts to provide a digital platform that enrich people’s lives, enable new business development and help attract potential foreign investment,” Tellmann said.
Telenor is one of Myanmar’s largest foreign investors and have so far invested over USD 2 billion since entering the country in 2013. Telenor today operates Myanmar’s largest and fastest growing data network spanning close to 8,000 sites nationwide, serving more than 19 million customers in all states, regions and the union territory.
TELENOR MYANMAR MEDIA CONTACTS
Alex Nyi Nyi Aung (Mr.)
Corporate Communications, Telenor Myanmar Ltd