Myanmar Dealbook: Malaysia’s OCK to ink tower pact with Telenor; Shwe Taung Group partners Microsoft

Visual from Telenor Myanmar website.

In a couple of investment and partnership activities in Myanmar, Malaysia’s OCK Group said it will build 900 more telecom towers for Telenor Myanmar even as Microsoft partners with Shwe Taung Group.

Malaysia’s OCK Group to build towers for Telenor Myanmar 

Malaysia’s telecommunication network service provider OCK Group Bhd is close to signing a contract with Telenor Myanmar’s unit to build and lease over 900 towers in Myanmar.

The contract will be up to 12 years and the deal is expected to be sealed by next month, according to the Star Online.

The company has also entered a memorandum of understanding with Telenor Myanmar alongside local partner King Royal Technologies.

Telenor currently has a contractor for building towers, Apollo Towers Myanmar Limited, and Irrawaddy Green Towers, and has about 10 million customers.

Currently, the group’s 70 per cent of shares is of OCK Telco and 30 per cent by Myanmar Integrated Networks Infrastructure Pte Ltd.

Shwe Taung Group partners with Microsoft

Myanmar-based  Shwe Taung Group has partnered with Microsoft for the use of enterprise software.

U Aung Zaw Naing, CEO of Shwe Taung Group said, with Microsoft, the organisation would be able to work on a better platform in a more effective and safe way.

The two organisations have agreed upon the core client access license (CAL) and made an enterprise agreement for the use of the Window 10 Enterprise and Office 2016 Professional of Microsoft.

In September, Microsoft also signed a similar agreement with KBZ Group that has an interest in the many businesses including the banking sector.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.