HGC buys GTMH in Myanmar

Hong Kong-based fixed line operator HGC Global Communications agreed to buy a majority stake in Golden TMH Telecom Company Limited (GTMH), a communications and network service provider in Myanmar. A conditional share purchase agreement between the two companies was signed on August 3. The financial terms were not disclosed.

Network service provider GTMH’s operations in Myanmar include data centre services through its joint venture entity, Golden Myanmar Business Exchange (GMBX). Currently operating a data centre in East Dagon, the company is also looking at setting up a new data centre in either Mandalay or Nay Pyi Taw.

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Published on 15.08.2018
Published on 15.08.2018
Published on 15.08.2018