Digicel mulls sale of Myanmar towers

06 July 2015
Digicel mulls sale of Myanmar towers
Photo: Mizzima

Irish communications group Digicel is “evaluating” an approach to buy its mobile-phone mast business in Myanmar according to the Irish Independent on 5 July.
Digicel made an ambitious bid to land one of the two mobile-phone licences that were auctioned by the Myanmar authorities in 2013. It was unsuccessful, with groups involving Norway’s Telenor and Qatar's Ooredoo landing the licences.
However, Digicel invested in building the mobile-communications. It owns 75pc of a company called DAHPL, with YSH Finance owning the other 25pc. In December 2013, the joint venture inked a deal with Ooredoo Myanmar to develop, construct, and lease 1,250 telecom towers.