rakuten left binance left net_left adver left

Norway's Telenor says Myanmar unit sale plan followed junta's pressure on surveillance tech

By Fanny Potkin SINGAPORE (Reuters) -Norwegian telecom firm Telenor is selling its Myanmar operations to avoid European Union sanctions after "continued pressure" from Myanmar's...
Norway's Telenor says Myanmar unit sale plan followed junta's pressure on surveillance tech © Reuters. FILE PHOTO: Telenor flag flutters next to the company's headquarters in Fornebu, Norway, June 1, 2017. REUTERS/Ints Kalnins/File Photo

By Fanny Potkin

SINGAPORE (Reuters) -Norwegian telecom firm Telenor is selling its Myanmar operations to avoid European Union sanctions after "continued pressure" from Myanmar's military junta to activate intercept surveillance technology, the company's Asia head told Reuters.

Telenor announced in July it would sell its Myanmar unit to Lebanese investment firm M1 Group for $105 million, prompting an outcry from activists in the country who have been relying on its services for communications.

A Reuters investigation https://www.reuters.com/world/asia-pacific/how-myanmars-military-moved-telecoms-sector-spy-citizens-2021-05-18/?fbclid=IwAR3aulnAJ4kejAnvf80rWhJHzmaFQxrBs5qKDivQzbL-4TNJfI62siFD6K0 in May found telecom and internet service providers in Myanmar had been secretly ordered in the months before the junta's Feb. 1 coup to install invasive technology that would allow the army to freely eavesdrop on the communications of citizens.

"Since the military took over, it's been clear for us that our presence will require Telenor Myanmar to activate intercept equipment and technology for the use of Myanmar authorities," Asia head Jørgen Rostrup said in an interview.

Allowing the activation of the intercept technology would break the 2018 EU arms embargo against the Southeast Asian country, the executive added, stressing the need for legal or regulatory safeguards in Myanmar to protect human rights.

"Telenor Myanmar has not activated the equipment as of yet and will not do so voluntarily," he said. He declined to comment on whether the intercept technology had been installed at Telenor's operations in Myanmar.

Rostrup's comments represent the first time Telenor has addressed the impact of the intercept on its strategy since the junta seized power.

A spokesman for the Myanmar military did not answer calls for comment. Norway's industry ministry declined to comment, saying the sale of the unit was a decision for Telenor's board and management to make.

Many governments allow for what are commonly called 'lawful intercepts' to be used by law enforcement agencies to catch criminals. But in most democratic countries and even some authoritarian regimes, the technology is not ordinarily employed without any kind of legal process, cybersecurity experts say.

Myanmar activists have called for Telenor to halt or delay the sale. But Rostrup said Telenor felt it had no choice but to withdraw from the country as respecting the EU embargo meant it could not ensure the safety of its employees and allowing the intercept to be activated would be "a complete breach of our values and principles".

Reuters reported in July that senior executives at major telecommunications firms in Myanmar have been told by the junta that they must seek special authorisation to leave the country. The travel ban was followed by a second order instructing telecom firms to fully activate the intercept.

Telenor declined to comment on the travel ban.

Rostrup said Telenor had chosen M1 after finding it had "no direct relationships with authorities or the military in Myanmar".

The deal was submitted to Myanmar authorities for regulatory review recently, he said, adding that the process is expected to take 60 days.

Myanmar rights group told Reuters they believe the telecom is not doing enough.

"Telenor is trying to skirt its human rights responsibilities," said Justice for Myanmar spokesperson Yadanar Maung.

"Telenor must cancel the sale and come up with an exit strategy that does not risk the lives of the many Myanmar people who are struggling against the junta".

Prior to the coup, Telenor had been one of the largest foreign investors in the country with its Myanmar operations accounting for 7% of its total earnings last year. It wrote off its $783 million investment in its Myanmar unit in May.

ig right nyse right Neteller adver right
APPROVED BROKERS
Row 1 Left net_home_top Row 1 Right Row 2 Left Row 2 Center Row 2 Right Main Right TOP 07 Main Right TOP 06 Main Right TOP 05 Main Right TOP 04 Main Right TOP 03 Main Right TOP 01
28-09-2021 02:52:54 (UTC+7)

EUR/USD

1.1697

-0.0016 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.1697

-0.0016 (-0.14%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (5)

GBP/USD

1.3704

+0.0022 (+0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

USD/JPY

111.01

+0.29 (+0.26%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (2)

Sell (4)

AUD/USD

0.7290

+0.0032 (+0.43%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (7)

USD/CAD

1.2629

-0.0024 (-0.19%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

EUR/JPY

129.86

+0.16 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

EUR/CHF

1.0831

+0.0008 (+0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,750.15

-1.55 (-0.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Silver Futures

22.637

+0.212 (+0.95%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (5)

Copper Futures

4.2810

-0.0045 (-0.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

75.44

+1.46 (+1.97%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Brent Oil Futures

78.62

+1.39 (+1.80%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (2)

Natural Gas Futures

5.869

+0.669 (+12.87%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

US Coffee C Futures

194.98

+0.63 (+0.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

Euro Stoxx 50

4,165.48

+6.97 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

S&P 500

4,443.64

-11.84 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

DAX

15,573.88

+42.13 (+0.27%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

FTSE 100

7,063.40

+11.92 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

Hang Seng

24,208.78

+16.62 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,285.25

+31.37 (+1.39%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

IBEX 35

9,002.90

+129.80 (+1.46%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (2)

BASF SE NA O.N.

64.740

+1.040 (+1.63%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

Bayer AG NA

47.47

+0.99 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

196.19

+3.85 (+2.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

Adidas AG

278.80

-2.77 (-0.98%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Deutsche Lufthansa AG

6.561

+0.328 (+5.26%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

147.27

-0.84 (-0.57%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

Deutsche Bank AG

11.120

+0.285 (+2.63%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (3)

 EUR/USD1.1697↑ Sell
 GBP/USD1.3704↑ Sell
 USD/JPY111.01Neutral
 AUD/USD0.7290↑ Sell
 USD/CAD1.2629↑ Buy
 EUR/JPY129.86↑ Sell
 EUR/CHF1.0831↑ Sell
 Gold1,750.15↑ Sell
 Silver22.637↑ Sell
 Copper4.2810↑ Sell
 Crude Oil WTI75.44↑ Buy
 Brent Oil78.62Buy
 Natural Gas5.869↑ Buy
 US Coffee C194.98↑ Buy
 Euro Stoxx 504,165.48↑ Sell
 S&P 5004,443.64↑ Sell
 DAX15,573.88↑ Sell
 FTSE 1007,063.40↑ Sell
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,285.25↑ Sell
 IBEX 359,002.90Buy
 BASF64.740↑ Sell
 Bayer47.47↑ Buy
 Allianz196.19↑ Buy
 Adidas278.80↑ Sell
 Lufthansa6.561↑ Buy
 Siemens AG147.27↑ Sell
 Deutsche Bank AG11.120↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(0/ 0) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 28-09-2021 02:52:56
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,750.96+1.460.08%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.30-0.6-0.81%
Brent$78.63-0.62-0.79%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR25.993,7727.346,60
GBP30.324,2231.591,18
JPY200,45212,05
KRW16,7520,39
Cập nhật lúc 18:54:42 27/09/2021
Xem bảng tỷ giá hối đoái
binance main right Fxpro aetos main right adver main right