KDDI clinches deal to operate in Myanmar

Dylan Bushell-Embling
17/07/2014
News
Daily News

Following months of negotiations, Japan's KDDI and Sumitomo have closed a deal partner with Myanmar Posts and Telecom (MPT) to provide fixed and mobile services in the emerging telecom market.

KDDI announced it has established a JV in Singapore with Sumitomo – KDDI Summit Global Singapore – which has itself established a Myanmar subsidiary. KDDI Summit Global Myanmar (KSGM) has now signed an agreement with MPT covering joint operations in the nation.

According to the announcement, the joint operations will provide quality mobile and fixed communications services in Myanmar via the upgrading telecom infrastructure.

The companies will also focus on providing customer service in call centers and shops and aim to contribute to the development of Myanmar's economy and its citizens' standard of living.

“Myanmar is experiencing a rapid move towards democracy and the market in mobile phones and fixed line communications is expected to grow dramatically in the future,” KDDI president Takashi Tanaka commented.

“Myanmar is experiencing a rapid move towards democracy and the market in mobile phones and fixed line communications is expected to grow dramatically in the future,”

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