5/22/22, 4:28 PM Telenor sale to military-linked consortium to be complete in mid-February | Myanmar NOW It added that the sale is “incompatible with both Norway’s understanding of human rights and stands in contrast to Norway’s stance on the issue under its current membership in the UN Security Council.” The civil society organisations also urged the Norwegian government to prove that the country “does not only talk the talk, but also walks the walk on human rights issues.” Telenor Group earned 4.055b Norwegian kroner ($463.95m) from its Myanmar unit in 2020, which accounted for more than 7 percent of Telenor's earnings that year, according to the group���s annual report. The involvement of military council members in the sale creates a risk that future profits could flow to the junta. The Myanmar military’s spokesperson did not answer calls seeking comment on the two military council members’ involvement in the sale of Telenor Myanmar. Telenor Group Telenor M1 Group Investcom Tin Htet Paing Tin Htet Paing is Assistant Editor with Myanmar Now Related Articles A Telenor showroom in Mandalay in September 2015 (Telenor Group) Norwegian govt called on to intervene as junta stops Telenor execs from leaving Myanmar Critics warn the Norwegian government and Telenor against giving in to the military’s taking of ‘... Published on Feb 25, 2022 A Facebook user reads the news on his phone. (Photo: Sai Zaw / Myanmar Now) Telenor says government is seeking direct access to customers’ personal data The Norway-based telecoms company warns that the move would have significant human-rights... Published on Dec 12, 2020 Donate Independent media is under attack in Myanmar... help us hold the powerful to account. Donate Now Myanmar army columns set fire to multiple villages along Chindwin River Hundreds of homes in seven villages are torched as junta troops conduct two days of raids of communities along the waterway in Sagaing Region’s Kani Township Khin Yi Yi Zaw Published on May 21, 2022 https://www.myanmar-now.org/en/news/telenor-sale-to-military-linked-consortium-to-be-complete-in-mid-february 9/18