ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Myanmar telecoms tower deal puts TPG in pole position

Latest transaction signals continuing Western investor interest in key sectors

Myanmar had more than 14,500 cell towers as of mid-2018, but industry experts estimate the country will need at least 8,000 to 9,000 new towers in the coming years as smartphone penetration soars. (Photo by Yuichi Nitta)

TOKYO -- U.S. private equity firm TPG has finalized a deal that marks its most ambitious investment in Myanmar and the biggest consolidation yet in the country's fast-growing telecommunication infrastructure sector.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more