Bharti consortium in final stage of Myanmar telecom licence race - source
NEW DELHI (Reuters) - A consortium of India's Bharti Airtel Ltd(BRTI.NS) has qualified to enter the final stage of a telecommunications licensing process in Myanmar, a company source said on Thursday, pitting it against some of the world's leading carriers to secure a permit in one of the last major untapped markets.
There are still more than a dozen companies competing for the two licences on offer, the source said, declining to give any further details.
China Mobile, Vodafone(VOD.L), and a group backed by George Soros last week said they were in the race for a telecom licence in Myanmar.
(Reporting by Devidutta Tripathy; Editing by Sunil Nair)
- Tweet this
- Share this
- Digg this
- Justin Bieber apologizes after Japan shrine visit sparks Asian anger
- UPDATE 1-S.Korean prosecutors raid family home of ill-fated ferry's owner
- Led Zeppelin is back with 'Whole Lotta' unreleased tunes
- GLOBAL MARKETS-Share rally peters out, euro lifted by PMI boost
- Children's corpses reveal desperate attempts to escape Korean ferry
India and its South Asian neighbours are expected to see below average to average rains this year if the El Nino weather pattern gains strength during the four-month monsoon season, a forum of weather experts said. Read