Malaysia's OCK spreading wings in Myanmar


Wider reach: Ooi says OCK’s strategy to strengthen recurring income and expand regionally has been effective.

PETALING JAYA: Telecommunications network services provider OCK Group Bhd is in the final stages of getting a contract from Telenor’s Myanmar unit to build and lease over 900 towers in the country.

Sources told StarBiz that the contract would last for 12 years and all the towers under this phase were expected to be completed next year. “They are targeting to seal the deal by next month,” a person with knowledge of the matter said.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Barclays sees two more Fed rate hikes this year after Warsh speech
Chinese factory slump eases, but weak services signal uneven recovery
China's three biggest airlines post heavy first-half losses as fuel shock bites
Japan's Nikkei slides nearly 2% following hawkish Fed comments
Oil jumps more than 1% after US attack on Iran's Larak island
Shares skid in Asia as oil, yields stay high
Bessent says yen moves 'pretty contained' and not disorderly
PETRONAS margin takes RM14bil hit
Samaiden enters FY27 on strong footing
Tech fuels CIMB cost cuts

Others Also Read