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Vodafone, China Mobile exit Myanmar mobile auction
Muhammad Iqbal
31 May, 2013
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![](https://i.brecorder.com/images/2013/05/china-mobile-4002.jpg">YANGON: Vodafone and China Mobile said on Friday they were dropping out of the race to enter Myanmar, one of the world's last unexplored mobile telephone frontiers.</P><P class=MsoNormal>They were one of 12 foreign consortiums short-listed by the former army-ruled country to bid for two licences to build, own and operate a nationwide network for an initial term of 15 years.</P><P class=MsoNormal>The two companies said in a statement that they had decided to pull out because )