Myanmar Crisis

Telenor quits Myanmar as regime pressures telco operators

Fire sale highlights dilemmas for companies seeking to operate ethically

20210708 Myanmar Telenor store in Yangon

Telenor’s disastrous experience in Myanmar is likely to cloud foreign investor perceptions for decades. 

RORY WALLACE, Contributing writer, and GWEN ROBINSON, Nikkei Asia editor-at-large
July 8, 2021 16:05 JST
Updated on July 8, 2021 21:36 JST

BANGKOK/YANGON -- Norwegian telecoms operator Telenor has announced on Thursday the sale of its mobile operations in Myanmar to M1 Group, a Lebanese company, for $105 million.

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