After Nepal, Axiata exits the Myanmar market for similar reasons

Axiata Group Berhad has announced that it’s selling its telecom tower business in Myanmar due to the challenging business environment. As per reports, the Edotco Group is selling its assets for $150 million in cash. The move follows the sale of Axiata’s 80% equity stakes in Ncell back in late 2023. In a recent filing with […]

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