It’s been a busy week or so.
Here are links to some recent stories I’ve worked on with colleagues, both here in Singapore and in India.
Myanmar Tests Foreign Telecom Entrants (March 10):
YANGON, Myanmar—When Myanmar’s first foreign telecommunications companies, Qatar’s Ooredoo QSC and Norway’s Telenor ASA, arrived last year, customers lined up for blocks to buy their inexpensive services, exhausting the supply of SIM cards within weeks and cheering their executives.
Six months later, state-owned Myanmar Posts & Telecommunications, which had for decades monopolized the market despite its generally outdated services, has added more new customers than its challengers combined.
The scenario underscores state-owned companies’ dominance here and the conflicting forces that foreign companies face as the military government tries to modernize Myanmar’s long-isolated economy and lure fresh investment while also moving to protect its interests. As Myanmar prepares to open up other sectors, including energy, real estate, tourism and manufacturing, the telecom industry is being watched as a test case.
Google in Early Talks to Buy Indian Mobile Ad Firm InMobi (March 11):
BANGALORE, India—Google Inc. is in early stages of negotiations to buy Indian mobile ad firm InMobi, a person familiar with the matter said, as the U.S. company looks to strengthen its presence in the mobile advertising space.
“Google has expressed interest and has reached out” but there is no certainty on whether the Indian company would sell itself, this person said.
Google declined to comment.
The Economic Times first reported the news.
InMobi, one of the biggest ad networks in India, offers advertising services on mobile websites based on the profiles and behaviors of users of those sites. The company has offices across 17 countries with more than 900 employees.
Snapdeal Considers Acquisitions in India, CEO Says (March 17):
NEW DELHI—Online marketplace Snapdeal.com is considering acquiring firms in India as it seeks to expand its presence in the country’s fast-growing e-commerce market, the company’s chief executive said.
Kunal Bahl said in an interview Monday that possible acquisitions would be focused on allowing Snapdeal to expand from its current mass-retail model into more specialized niches such as luxury goods.
“We’ve got to make sure that we are giving consumers very specialized experiences” in terms of the types of products they buy online, Mr. Bahl said. He cited as an example Snapdeal’s acquisition last month of Exclusively.com, an Indian luxury fashion website. The terms of the deal weren’t disclosed.
India Is Requesting More Data About Facebook Users (March 17):
Indian authorities are increasingly asking for data on Facebook users, and Facebook is increasingly blocking content in the country.
That’s according to the U.S. social media company’s most recent report on government requests, which showed that from July to December 2014, authorities made 5,473 requests for data on users’ accounts, up from 4559 requests in the first six months of that year. Facebook provided “some data” in response to nearly 45% of those requests, the company said.
Facebook also blocked 5,832 pieces of content in the second half of 2014. That’s up from 4,960 pieces blocked from January to June last year.
I’ll continue to post links to my stories here on Newley.com, as always. But just a reminder that you can also sign up for my weekly newsletter in case you’d like my clips — and other fun stuff — delivered to your inbox, as well.
