Myanmar internet service provider Frontiir raises $5m in fresh funding

Sule Pagoda, Yangon, Myanmar. Photo: Harish Shivaraman/Unsplash

Frontiir, an internet service provider in Myanmar, has raised $5 million in fresh funding from investment firm Alliance Asia Holdings, regulatory filings show.

The company issued ordinary shares at $6.59 apiece, the same price as its previous financing from CDC Group and Ascent Myanmar Growth Fund in 2019, according to Accounting and Corporate Regulatory Authority (ACRA) filings accessed by DealStreetAsia – DATA VANTAGE.

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