Sale of Telenor's Myanmar unit stalled as junta said to prefer local buyers

Sale of Telenor's Myanmar unit stalled as junta said to prefer local buyers

Photo by Tony Stoddard on Unsplash

Plans by Norway’s Telenor to withdraw from Myanmar by selling its telecom operations there to a Lebanese firm have stalled after the junta indicated it favoured at least part-ownership by a local company, according to people familiar with the matter.

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