Telenor is one of the biggest foreign investors in Myanmar and the second-largest mobile provider in the country.Ĥ:50 p.m. In a brief statement, the company notes that it announced a full impairment of its Myanmar operations on May 4 'due to the worsening economic and business environment outlook and a deteriorating security and human rights situation.' At the time, Telenor adds, it said it intended to maintain the operations depending on developments.īut with the country still in turmoil two months later, the 'continued situation' has prompted further consideration, though Telenor stresses the 'evaluations are still ongoing' and that it will not elaborate yet. Norwegian telecommunications company Telenor Group says it is 'in the process of evaluating various options with regards to its presence' in Myanmar. Escalating Myanmar bombings cause civilian casualtiesĨ:15 p.m. Myanmar general's visit to Russia keeps arms flowing to junta Myanmar's cash shortage casts shadow despite rise in activity
Myanmar faces COVID surge amid lack of medics and jabs Myanmar military warns foreign media to not call it a 'junta'