Norway's Telenor, Qatar's Ooredoo win licences for Myanmar mobile phone networks

YANGON, Myanmar – Myanmar has granted licences to Norway’s Telenor and Ooredoo of Qatar to set up the country’s first foreign-owned mobile phone networks.

Currently less than 6 million of country’s 60 million people have mobile phones, one of the lowest connectivity rates in the world. Hoping to spur economic growth, the government is trying to push penetration rates to 80 per cent by 2016.

Of the more than 90 companies that submitted bids, 11 were short-listed.

The selection committee released a press release naming the winners Thursday.

Ooredoo was formerly known as Qatar Telecom.