Thailand based broadband Internet company Benchachinda Group is part of a consortium to deploy fiber optic cables in Rangoon, reports local newspapers in Thailand. Benchachinda is a joint venture partner of Telenor to form DTAC in Thailand. Telenor is now one of the leading telecom service providers in Myanmar expanding fiber optic networks rapidly to many cities and villages.
Benchachinda is part of the business empire of Boonchai Bencharongkul in Thailand and the owner of the company is Thailand’s 25th richest man according to Forbes.
Benchachinda has partnership with an unnamed Myanmar firm and four other companies – United Information Highway, ALT Telecom, United Distribution Solution and A&F Communication – to form a new venture called the Myanmar Information Highway Limited (MIH). MIH intends to provide international-standard broadband services in Myanmar. At present, it has already won the right of way to lay down fiber optic network from Yangon Electricity Supply Corporation. MIH will start the infrastructure installations in the authorized zones.