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Company type | Private |
---|---|
Industry | Finance, investment |
Founded | 2007 |
Founder | Taha Mikati Najib Mikati |
Headquarters | Beirut, Lebanon |
Key people | Azmi Mikati (CEO) |
Website | www.m1group.com |
M1 Group is a diversified investment holdings group based in Beirut, Lebanon. Its CEO is Azmi Mikati. [1]
In 2007, the Mikati brothers founded M1 Group, which now comprises:
According to a UN-report from 2019, Irrawaddy Green Towers has business interest with the Myanmar military through Mytel, [5] M1 Group, is one of the shareholders along with the International Finance Corporation (IFC) in Irrawaddy Green Towers. The Burma Campaign UK placed M1 Group, along with Google, Apple and many other international companies on their "dirty list", M1 was placed due to being "a major shareholder in Irrawaddy Green Towers, a mobile phone tower company which works for the military joint venture Mytel." [6] [7]
After the 2021 Myanmar coup d'état, the Military junta told telecom companies in Myanmar that "they had until Monday July 5 to fully implement intercept technology they had previously been asked to install to let authorities spy on calls, messages and web traffic and to track users by themselves". [8] Under these circumstances Telenor found it impossible to stay in the country, and proposed to sell its Myanmar business to the M1 group for $105 million. [9]
Myanmar has begun the liberalization of its telecommunications market in 2013.
Telenor ASA is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwide, but focused in Scandinavia and Asia. It has extensive broadband and TV distribution operations in four Nordic countries, and a 10-year-old research and business line for machine-to-machine technology. Telenor owns networks in 8 countries.
KT Group is a family-owned business enterprise in Myanmar, with business interests in aviation, real estate, container ports, and oil and gas. KT Group is led by Jonathan Kyaw Thaung, its CEO. The Kyaw Thaung family also operates a network of 28 subsidiaries and associated businesses, including Ky Tha Group. KT Group also operates a charitable arm, KT Care, founded in 2008.
Pepe Jeans London is a denim and casual wear jeans brand established in the Portobello Road area of London in 1973, and now based in Sant Feliu de Llobregat, Spain.
Censorship in Myanmar results from government policies in controlling and regulating certain information, particularly on religious, ethnic, political, and moral grounds.
The Military Industry and Telecoms Group, trading as Viettel or Viettel Group, is a Vietnamese state-owned multinational telecommunications, technology and manufacturing conglomerate headquartered in Hanoi, Vietnam. The enterprise is under the direct administration of the Vietnam Ministry of National Defence, making it a military enterprise and officially a major production unit under the Vietnam People's Army.
Façonnable is a high-end men's and women's clothing brand founded in Nice, France by Jean Goldberg in 1950. It is currently owned by M1 Group, a holding company in Beirut, Lebanon.
Min Aung Hlaing is a Burmese army general who has ruled Myanmar as the chairman of the State Administration Council (SAC) since seizing power in the February 2021 coup d'état. He additionally appointed himself Prime Minister of Myanmar in August 2021, and assumed presidential duties in July 2024. He has led the Tatmadaw, an independent branch of government, as the Commander-in-chief of Defence Services since March 2011, when he was handpicked to succeed longtime military ruler Senior General Than Shwe, who transferred leadership over the country to a civilian government upon retiring. Before assuming leadership over the Tatmadaw, Min Aung Hlaing served as Joint Chief of Staff from 2010 to 2011. Min Aung Hlaing is the first Defence Services Academy (DSA) graduate in Myanmar to lead a military coup as well as the first DSA graduate to become Commander-in-Chief of Defence Services.
Taha Mikati is a Lebanese billionaire businessman, the brother of fellow billionaire and current prime minister of Lebanon Najib Mikati. He is the co-founder of Investcom, the M1 Group, and the Mikati Foundation.
Telenor Myanmar was a telecommunications brand in Myanmar (Burma) between 2014 and 2022. It was established as a subsidiary of the Norwegian Telenor Group, and was sold off to the Lebanese M1 Group in the aftermath of the 2021 Myanmar coup d'état. After a lengthy regulatory process, Myanmar authorities approved the transaction on 18 March 2022. The company rebranded to ATOM on 8 June 2022.
Ooredoo Myanmar is a telecommunications company in Myanmar.
Justice For Myanmar is a covert group of activists campaigning for justice and accountability for the people of Myanmar. Justice for Myanmar's public website launched on 28 April 2020. Since its launch, the group has published a number of high-profile exposés related to the business dealings of high-ranking military and government officials in the country, in a campaign to publicly pressure the dismantling of the Burmese military's business practices and systemic corruption.
Mytel is a major telecommunications company in Myanmar (Burma), as one of four national carriers. Mytel is operated as a joint venture between the Burmese military and Viettel, which is owned by Vietnam's Ministry of National Defence. Mytel has been criticized and scrutinized for serving as a major source of revenue for the Burmese military.
Protests in Myanmar, known locally as the Spring Revolution, began in early 2021 in opposition to the coup d'état on 1 February, staged by Min Aung Hlaing, the commander-in-chief of the country's armed forces, the Tatmadaw. As of 23 June 2022, at least 2000 protesters have been killed, 14,000 arrested and 700,000 displaced by the military junta.
Aung Pyae Sone is a Burmese business tycoon who owns a number of major companies, including Sky One Construction Company and Aung Myint Mo Min Insurance Company. He is also reportedly the biggest shareholder in national telecoms carrier Mytel. He is the son of Senior General Min Aung Hlaing, the current leader of Myanmar, concurrently serving as Chairman of the State Administration Council and Commander-in-Chief of the Myanmar Armed Forces.
Khin Thiri Thet Mon, also known as Ma Thiri, is a Burmese businesswoman and daughter of Burmese army general Min Aung Hlaing, the current prime minister and Chairman of the State Administration Council which has ruled the nation after the 2021 Myanmar coup d'état.
The People's Defence Force is the armed wing of the National Unity Government (NUG) in Myanmar. The armed wing was formed by the NUG from youths and pro-democracy activists on 5 May 2021 in response to the coup d'état that occurred on 1 February 2021 that put the military junta and their armed wing the Tatmadaw in power. The military junta designated it as a terrorist organisation on 8 May 2021. In October 2021, NUG's Ministry of Defence announced that it had formed a central committee to coordinate military operations across the country.
Thein Aung was a Burmese business executive who was the chief financial officer (CFO) of Myanmar's major telecommunications company, Mytel. He was a retired major in Myanmar Navy, held leadership positions in multiple military-owned ventures, including as the general manager of the conglomerate Myanmar Economic Corporation and its subsidiary Star High Co., Ltd.
Thein Win Zaw is a Burmese entrepreneur. He is the founder of Shwe Byain Phyu Group, a conglomerate company active in businesses such as petrol stations, timber, and food exports.
ATOM Myanmar, is a telecommunications company in Myanmar (Burma). After the 2021 Myanmar coup d'état, Telenor divested its Telenor Myanmar operations, selling it to the joint venture owned by Lebanese M1 Group and Shwe Byain Phyu. The company officially rebranded as ATOM on 8 June 2022. As of September 2022, ATOM Myanmar's CEO is Muhammad Ziaullah Siddiqui.