0
Wireless

Telenor sells Wave Money shares to Yoma for over USD 76 million

Wednesday 24 June 2020 | 09:35 CET | News
Telenor Group has announced it will divest its shares in Digital Money Myanmar to Yoma Strategic Holdings for USD 76.5 million. Telenor Group currently owns a 34.2 percent stake in Wave Money, following Ant Financial's investment announced in May this year.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Alipay / Ant Financial / Telenor / Telenor Myanmar
Countries: Myanmar
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telenor Myanmar launches Wellness workout platform on MyTelenor App

Published 09 Jul 2020 09:20 CET | Myanmar
Telenor Myanmar has introduced the Telenor Wellness service on its one-stop platform, the MyTelenor App. Telenor Wellness is ...

Nieuwsoverzicht week 26: Telenet overweegt open FTTH, Telefonica wil grensoverschrijdende consolidatie, Netflix dendert door

Published 29 Jun 2020 09:40 CET | World | Update: 29 Jun 2020 10:21 CET
Bij het scheiden van de markt maakte Telenet een potentieel grote draai bekend door, op enigerlei wijze, open FTTH te omarmen. ...

Telenor Myanmar launches Telenor Classroom education project with Strategy First University

Published 25 Jun 2020 09:35 CET | Myanmar
Telenor Myanmar has launched a telco-education project with Strategy First University. Called 'Telenor Classroom', the programme ...

Telenor Myanmar agents to receive loans from Yoma Bank

Published 17 Feb 2020 14:45 CET | Myanmar
Yoma Bank and Telenor Myanmar have signed a partnership agreement to provide unsecured small business loans to Telenor merchants ...

Yoma sells Edotco stake to Axiata for USD 35 mln

Published 09 Nov 2016 14:01 CET | Singapore
Singapore's Yoma Strategic has sold a 12.5 percent stake in telecom tower-owner Edotco Investments Singpore to Axiata Group for ...

Myanmar releases mobile money regulations

Published 07 Apr 2016 09:24 CET | Myanmar
The Central Bank of Myanmar released regulations on mobile financial services to also enable non-banking financial institutions ...

Edotco launches operations in Myanmar

Published 15 Jan 2016 09:48 CET | Myanmar
Edotco Group, a subsidiary of Axiata, has officially launched operations in Myanmar. Edotco has selected Yoma as its local ...

Telenor, Yoma Bank trial m-banking service in Myanmar

Published 19 Nov 2015 13:47 CET | Myanmar
Telenor Myanmar, in partnership with financial services provider Yoma Bank, have started the commercial testing of a joint mobile ...





Calendar   /   Industry Events

04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug Digi International fiscal Q3
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Roku Q2 2021
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
04 Aug 8x8 fiscal Q1
05 Aug DigitalBridge Q2
05 Aug Viasat fiscal Q1
05 Aug Motorola Solutions Q2
05 Aug Tucows Q2 2021
05 Aug WideOpenWest (Wow) Q2
05 Aug Vonage Q2 2021
05 Aug Gogo Q2 2021
05 Aug CommScope Q2
05 Aug FireEye Q2
05 Aug InterDigital Q2
05 Aug Switch Q2 2021
05 Aug Cogent Communications Q2 2021
05 Aug BCE Q2 2021
05 Aug Uniti Group Q2
05 Aug OTE Q2
05 Aug Starhub Q2 2021
05 Aug United Internet Q2 2021
05 Aug Swisscom Q2 2021
05 Aug Frontier Communications investors meeting
05 Aug ON Semiconductor analysts meeting
05 Aug FCC meeting
::: More Calendar Items