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Telenor Group agrees to sell its stake in Wave Money to Yoma Strategic 17 January 2022

Telenor Group and Yoma Strategic have entered into an agreement to sell Telenor Group’s 51 percent share of Digital Money Myanmar Limited (“Wave Money”) for USD 53 million to Yoma MFS Holdings Pte. Ltd, a subsidiary of Yoma Strategic.

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Keywords

Business strategy/Model GAFA/New competitors

Geography

Myanmar

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