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Mobile Giants Join Forces to Bid for Myanmar License

The world's two biggest mobile operators, China Mobile Ltd. (0941.HK, CHL) and Vodafone Group PLC (VOD, VOD.LN), have joined forces to bid for a mobile telecommunications license in Myanmar, but competition is stiff with more than a dozen companies submitting rival bids.The Myanmar government in January announced plans to grant two licenses as part of efforts to liberalize its underdeveloped telecommunications market. The license will take the number of mobile operators to four.Myanmar has long held tight control of its telecommunications sector and kept foreign competitors out of the market.Its former military government--which ruled from 1962 before handing power to a quasi-civilian administration in 2010--was suspicious of foreign involvement in sensitive sectors such as communications, and largely insisted on running telephone services itself, though foreign companies at times sold equipment there and local companies have begun providing some services.Myanmar's nascent telecommunic...

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