The financing allocated to Irrawaddy Green Towers will help the Burmese company continue the construction of telecom towers, which allow people who previously did not have access to buy mobile phones.
Irrawaddy GreenTowers is a telecom tower operator in Burma. It provides services for the construction of towers and joint rentals to mobile phone operators.
This second loan will finance the construction and operation of 2,000 telecom towers in Burma.
This project will increase network coverage for people who do not benefit from it. It will contribute to creating a dynamic and affordable sector: up until 2013, the mobile phone penetration rate was estimated at less than 10%.