Reuters: Technology News: Telenor sees less than $2 billion investments in Myanmar: CEO

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Telenor sees less than $2 billion investments in Myanmar: CEO Aug 28th 2013, 11:09 Tweet Share this Email Print Related News Karzai stresses need for Pakistani help in Taliban peace process Mon, Aug 26 2013 Analysis & Opinion Fresh Myanmar clashes signal growing Muslim desperation Israel announces Palestinian prisoners to be freed, new settlement plans Norway's Telenor chief executive Jon Fredrik Baksaas speaks during a news conference in New Delhi November 29, 2012. Credit: Reuters/B Mathur OSLO | Wed Aug 28, 2013 7:09am EDT OSLO (Reuters) - Telenor will invest less than $2 billion in building its telecoms operation in Myanmar, its chief executive said on Wednesday. "It is going to be less than what we invested in total in Pakistan. Some (analysts) have used Pakistan as a benchmark and implied that it could be as much as what we invested in Pakistan, but it will not be," Jon Fredrik Baksaas told Reuters. (Reporting by Gwladys Fouche and Joachim Dagenborg; editing by Balazs Koranyi) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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