Telenor investors scrutinise Myanmar sale

Published on: Tuesday 15 February 2022

Several investors in Telenor are seeking assurances from the Norwegian telecoms company that customer data will be protected following the sale of its operations in Myanmar. Myanmar's military rulers have given the go-ahead for a local company, Shwe Byain Phyu, to own most of Telenor's business in the Southeast Asian country, under a deal to be finalised soon, Reuters reported on Friday. Some human rights groups have said the handover could put the data of 18 million people within the junta's reach, with several demonstrations held in Myanmar in recent days calling on Telenor to stop the sale altogether.

News source: https://finance.yahoo.com/news/telenor-investors-scrutinise-myanmar-sale-193832571.html

Share this news on: Facebook Twitter

RELATED NEWS

» Myanmar needs new tack: PM

» Telenor investors scrutinise Myanmar sale

» Singapore’s Una Brands plans to invest $100m in S Korean e-commerce market

» Myanmar gems industry targeted in push for sanctions

» Outrage over Telenor Myanmar sale grows as more ties between military and new owner revealed

HEADLINE NEWS

My Financial News from Myanmar, Ecommerce

Telenor investors scrutinise Myanmar sale