Why all hopes have not faded yet for telco firms in recent Myanmar bidding

SingTel failed to get the licence.

According to CIMB, while SingTel has failed to clinch the telco licence in Myanmar, the silver lining is that its cash will be freed up for return to shareholders.

Digi’s dividend payouts should remain high, to help fund the cash requirements of Telenor, which is one of the winners.

"All is not lost as we think Myanmar’s government-owned telco and incumbent carrier, Myanmar Posts and Telecommunications, may seek a strategic shareholder to help it compete with the two new entrants," CIMB said.

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