Friday, 5 July 2013

Myanmar licence upset: NeraTel up, Yoma down


THE impact of the telco licence upset in Myanmar continues to make itself felt on stocks listed here, a week after the Myanmar authorities surprised the market by awarding mobile licences to Norway's Telenor and Qatar's Ooredoo.


Two other consortiums - one that included SingTel and another with Yoma Strategic Holdings - were unsuccessful.


Even so, a surprise beneficiary surfaced in the form of telco solutions firm Nera Telecommunications (NeraTel).


While NeraTel was not among the bidders, it is in a plum position as an existing supplier of services to both winning horses - Telenor and Ooredoo - in Indonesia and Malaysia.

Source: http://www.news.myanmaronlinecentre.com/2013/07/05/myanmar-licence-upset-neratel-up-yoma-down/

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