Norwegian telco Telenor writes off its Myanmar operation

www.theregister.com
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Military coup creates such a nasty environment it's hung up on $780 million of assets
Norwegian telco Telenor has written off its entire mobile business in Myanmar, citing the "deteriorating security and human rights situation," after the military seized control of the nation's government in February and imposed rolling internet blackouts.

"In Myanmar, we see an irregular, uncertain, and deeply concerning situation," says the telco's Q1 2021 results announcement. "Due to the worsening of economic and business environment outlook and a…
Simon Sharwood
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