{"id":314692,"date":"2021-11-09T11:36:17","date_gmt":"2021-11-09T11:36:17","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=332915"},"modified":"2021-11-09T11:36:17","modified_gmt":"2021-11-09T11:36:17","slug":"telenor-mulls-alternative-myanmar-buyers-report","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/11\/09\/telenor-mulls-alternative-myanmar-buyers-report\/","title":{"rendered":"Telenor mulls alternative Myanmar buyers \u2013 report"},"content":{"rendered":"

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\tSpeculation over a likely rejection of Telenor Group\u2019s attempted sale of its troubled operation in Myanmar [1] to M1 Group intensified, with The Financial Times reporting the seller was assessing alternative buyers.<\/p>\n

Citing sources close to authorities within Myanmar, the newspaper claimed although the sale had not been formally rejected, those controlling the communications ministry had already decided to turn down the deal.<\/p>\n

The regulator is set to push for the unit to be sold to a company based within the country, it added, with Telenor assessing its options.<\/p>\n

The operator group agreed to sell the unit to Lebanon-based investment company M1 Group in July, having already taken a massive write-down on the business [2] amid a period of political unrest in the country.<\/p>\n

On announcing Telenor\u2019s attempted exit CEO Sigve Brekke cited increasing difficulty in conducting business in the country, concluding a sale was \u201cthe best possible solution\u201d.<\/p>\n

However, since then reports have emerged with increasing frequency throwing the sale into doubt due to Myanmar authorities\u2019 alleged concerns about the proposed buyer [3] and preference for a local takeover.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telenor-offloads-myanmar
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telenor-books-loss-on-780m-myanmar-write-off
\n[3] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/telenor-myanmar-sale-in-doubt<\/p>\n\n

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Speculation over a likely rejection of Telenor Group\u2019s attempted sale of its troubled operation in …<\/p>\n

The post Telenor mulls alternative Myanmar buyers \u2013 report<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telenor mulls alternative Myanmar buyers \u2013 report - ITTeacherITFreelance.hk","description":"Speculation over a likely rejection of Telenor Group\u2019s attempted sale of its troubled operation in ... The post Telenor mulls alternative Myanmar buyers \u2013 repor"},"footnotes":""},"categories":[11,8,21],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/314692"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=314692"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/314692\/revisions"}],"predecessor-version":[{"id":314693,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/314692\/revisions\/314693"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=314692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=314692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=314692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}