Doing Business in Myanmar Is Tough, but Norway’s Telenor Finds That Leaving Isn’t Much Easier
Updated: Jan 3
After last year’s military coup in Myanmar, the local subsidiary of Norwegian telecommunications company Telenor ASA TELNY 0.51% increase; green up pointing triangle faced orders to block social media, shut off mobile services nationwide and allow the junta to spy on citizens through an invasive new intercept system.
By July, the company decided that operating conditions in the country had become unbearable and said it would pull out. Now it is learning that isn’t easy, either.