Telenor Myanmar selects Apollo Towers as an official vendor to build and manage telecommunications infrastructure in preparation for mobile network roll-out

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Telenor Myanmar has selected telecommunications infrastructure provider, Apollo Towers, as an official vendor to build and manage telecom towers across Myanmar. The appointment supports Telenor's plan of rapidly rolling out a modern mobile communications network in the country. Establishing telecom towers represents an important first step in the roll-out of that network and in Telenor Myanmar's goal of delivering high quality and accessible mobile communications services to people throughout Myanmar.

(YANGON, Myanmar - December 19, 2013) Telenor is scheduled to launch innovative and affordable mobile communications products and services in Myanmar within eight months of securing an operating license from the Myanmar government, and expects the licensing process to be finalized shortly. The partnership between Telenor Myanmar and Apollo Towers provides the platform for future multi-tenancy on towers which will accelerate the development of an efficient and cost-effective shared mobile telecommunications infrastructure in Myanmar. As part of Telenor Myanmar's commitment to contribute to the local economy, Apollo Towers will be working with a number of Myanmar-based companies in the infrastructure build-out across the country, providing opportunities for local businesses and promoting a more vibrant business environment in Myanmar.

"We are pleased to be working with Apollo Towers as we enter this exciting phase in the advancement of Myanmar's telecommunications industry. We are confident that combination of industry experience and expertise will meet the requirements of Telenor's business plan and ensure the successful roll-out of our advanced mobile network," said Petter Furberg, Chief Executive Officer, Telenor Myanmar. "Telenor is here for the long run and we are committed to fulfilling our promise to support the modernization of Myanmar's telecommunications sector through investing in building state-of-the-art telecom infrastructure which is vital for innovation in other key industries, and will drive the country's socioeconomic development."

"We are delighted to be able to participate in this revolutionary transformation of the telecommunications landscape in Myanmar. We relish the challenges and the opportunities it presents and are committed to providing world-class infrastructure on time for Telenor," said Francois Lorelli, CEO, Apollo Towers.

"I warmly welcome the opportunity to partner with Telenor on this exciting project and I am confident that the deep sector knowledge and international experience that we can bring to bear will result in a successful project for all parties and will lay the foundation for Apollo Towers to become a major provider of shared telecommunications infrastructure facilities in Myanmar," said Sanjiv Ahuja, Founder and Chairman of Apollo Towers.