Following the overthrow of the civilian government by a military junta in February this year, the Myanmar telecoms market has been plunged into chaos. By May, the highly volatile environment saw Telenor write off its $782 million Burmese unit entirely and, in July, the unit’s sale for around $105 million was agreed with Lebanese telecoms group M1.
However, it quickly became apparent that the new military regime was &ldquo…
