Telenor evaluates options in Myanmar

Published: 2 July 2021 08:58

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On May 4, Telenor Group announced an impairment of Telenor Myanmar due to the worsening economic and business environment outlook and a deteriorating security and human rights situation, with limited prospects of improvement.

Telenor Group underlined at the time that the operations in Myanmar continued and that the future presence would depend on the developments in the country and the ability to contribute positively to the people of Myanmar. Due to the continued situation, Telenor Group is in the process of evaluating various options with regards to its presence in the country. The evaluations are ongoing, and Telenor Group will not make any further comments.