Companies in the telecoms sector are continuing to be the subject of investor scrutiny over their activities in Myanmar, and RI can reveal new details of a range of engagement efforts targeting telecoms giants.
The situation in Myanmar has been on investors’ radar since the country in February last year was subject to a violent coup led by its military, which has resulted in democratic institutions and processes being shut down, media outlets closed, elected political leaders arrested, pro-democracy protests suppressed, and civilians killed.
The junta’s action have been met with international outcry, with sanctions being implemented by foreign governments. This has triggered a raft of investor action to engage with companies operating in the country, as well as some divestments.
From the beginning, an industry which - like the energy sector – has found itself the subject of investor scrutiny is telecoms. Norwegian majority state-ow…