Telenor's Myanmar Exit May Be Blocked by Authorities, Nikkei Reports

• (PLX AI) - Telenor's $105 million exit from Myanmar to Lebanon's M1 Group may be blocked by authorities, Nikkei reports.
• • The Telenor-M1 deal requires approval from the military-controlled Ministry of Transport and Communications (MOTC) and the Myanmar Investment Commission, Nikkei reports
• • Two industry sources with access to MOTC officials told Nikkei Asia that the military has given "strong" signals that the deal is "very unlikely to be approved," Nikkei says