When was Ooredoo Myanmar founded?

Ooredoo Myanmar was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Ooredoo Myanmar located?

Ooredoo Myanmar is headquartered in Yangon, Myanmar.

Who is the current CEO of Ooredoo Myanmar?

Ross Cormack of Ooredoo Myanmar.

How many employees does Ooredoo Myanmar have?

As of May 31, 2026, the latest employee count at Ooredoo Myanmar is 903.

Is Ooredoo Myanmar an acquired company?

Ooredoo Myanmar got acquired by undefined on Sep 13, 2022.

Is Ooredoo Myanmar a funded company?

Ooredoo Myanmar is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Feb 07, 2016.

When was the latest funding round of Ooredoo Myanmar?

Ooredoo Myanmar's latest funding was a $***** Conventional Debt round on Feb 07, 2016, with participation from 2 investors.

Where does Ooredoo Myanmar rank among its competitors?

Ooredoo Myanmar ranks 405th amongst 3693 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SK Telecom, which secured $2.2B in Aug, 2026.

Who are the top competitors of Ooredoo Myanmar?

Ooredoo Myanmar's top competitors include T-Mobile, MTN and AT&T. Among them, SK Telecom secured the most recent funding round in August, 2026.

Ooredoo Myanmar - 2026 Company Profile, Team, Funding & Competitors

Ooredoo Myanmar is an acquired company based in Yangon (Myanmar), founded in 2013. It operates as a Telecommunication services provider. Ooredoo Myanmar has raised an undisclosed amount in funding. The company has 3693 active competitors, including 52 funded and 577 that have exited. Its top competitors include companies like T-Mobile, MTN and AT&T.

Company Details

Website: ooredoo.com.mm
Social
Part Of

Key Metrics

Founded Year

2013

Location

Yangon, Myanmar

Stage

Acquired

Latest Funding Round

Conventional Debt, Feb 07, 2016, $*****

Investors

IFC & 1 more

Ranked

405^th among 3693 active competitors

Employee Count

903 as on May 31, 2026

Similar Companies

T-Mobile & 4162 more

Exit Details

Acquired

View Ooredoo Myanmar's full profile

Ooredoo Myanmar got acquired by on Sep 13, 2022.

Click here to take a look at Ooredoo Myanmar's acquisition in detail

Ooredoo Myanmar has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Feb 07, 2016 for $*****. 2 investors participated in its latest round. Ooredoo Myanmar has 2 institutional investors.

Here is the list of recent funding rounds of Ooredoo Myanmar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 07, 2016	8667182	Conventional Debt	9328113	2241247	8476675	2892717

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View details of Ooredoo Myanmar's funding rounds and investors

Ooredoo Myanmar's employee count trend

Ooredoo Myanmar has 903 employees as of May 26. Here is Ooredoo Myanmar's employee count trend over the years:

Employee count trend for Ooredoo Myanmar

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Top competitors of Ooredoo Myanmar include T-Mobile, MTN and AT&T. Here is the list of Top 10 competitors of Ooredoo Myanmar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Public	Provider of mobile telecommunication services	-	Alcor Fund, Commerzbank & 16 others	82/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	AT&T 1876, Dallas (United States), Public	Provider of wireless and internet services	-	J.L. Bainbridge & Company, Elliott Management ... & 13 others	79/100
4th	SK Telecom 1984, South Korea, Public	Provider of integrated telecommunication services	-	UBS, HSBC & 5 others	78/100
5th	SoftBank 1986, Tokyo (Japan), Series A	Company that offers mobile phones, internet, and clean energy services	$8.99M	Yahoo Japan, Red Badge Management	78/100
6th	Verizon 1983, New York City (United States), Public	Provider of wireless, internet, TV, and phone services	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 17 others	78/100
7th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	78/100
8th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	77/100
9th	Telus 1990, Vancouver (Canada), Public	Integrated telecom and IPTV services provider	-	CIBC, RBC Capital Markets & 2 others	77/100
10th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 12 others	77/100
405th	Ooredoo Myanmar 2013, Yangon (Myanmar), Acquired	Telecommunication services provider	-	IFC, Asian Development Bank	44/100