Why OPIC Invested US$250mn in Apollo Towers Myanmar
© 2024 TowerXchange is part of techoraco, techoraco Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236387
Copyright © techoraco and its affiliated companies 2024

Why OPIC Invested US$250mn in Apollo Towers Myanmar


Why increasing access to technology is a key focus of the Overseas Private Investment Corporation

Apollo Towers Myanmar was introduced to Overseas Private Investment Corporation (OPIC) through its initial backers TPG and Tillman Global Holdings. With a purpose to build out towers in an emerging market, and with multinational operator Telenor as its key customer, Apollo had a good story that piqued the interest of OPIC. Further due diligence also uncovered many other details that financiers such as OPIC need and like to see. Read on to find out the challenges, opportunities, and success factors in securing debt financing – and fundraising in general for emerging markets telecom infrastructure.

In 2010, when Myanmar held historic elections that would end over 50 years of military rule, it was a country that had endured decades of isolation.


The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Subscribe Login
Gift this article