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m1group.com

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Investments

1

Partners & Customers

1

About M1 Group

M1 Group is an investment holdings firm that comprises of several companies.

M1 Group Headquarter Location

Starco Bldg., Block B Omar Daouk Street

Beirut, 2020 3313,

Lebanon

961-35-66-66

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Latest M1 Group News

M1 Group finds a Burmese partner to greenlight Telenor Myanmar deal

Jan 21, 2022

Friday 21 January 22 The junta rejected M1 Group's attempt to purchase the unit last year, saying they preferred a local buyer As a result of the military coup in February 2021, providing services as a telecoms operator in Myanmar has become harder and harder. For Telenor, one of the country’s largest operators, the situation soon became untenable, with the company writing off their investment in May last year. By July, the Norwegian operator had agreed to sell the struggling unit to Lebanon&rsquo… As a result of the military coup in February 2021, providing services as a telecoms operator in Myanmar has become harder and harder. For Telenor, one of the country’s largest operators, the situation soon became untenable, with the company writing off their investment in May last year. By July, the Norwegian operator had agreed to sell the struggling unit to Lebanon’s M1 Group for $105 million, with the latter suggesting they were ready to invest $330 million into its new venture. However, the ruling military junta were unhappy with this arrangement for a variety of reasons, ranging from the regime’s concerns about corruption charges being brought against M1 in other markets to concerns over handing over crucial infrastructure to another foreign entity. Towards the end of last year, the junta was even ‘asking’ Telenor Myanmar’s senior executives not to leave the country , suggesting that the government wanted to discuss the details of the sale with them. In late 2021, the junta officially rejected the sale of the unit to M1 Group alone. Now, it appears that M1 has found a local partner in order to continue the sale after all. Reuters are reporting that Shwe Byain Phyu Group (SBP), which has interests in mining and petroleum operations, has agreed to take a majority stake in the venture. It has been noted that SBP’s chair, Thein Win Zaw, is an investor in Mytel, Myanmar’s military-owned national operator, via his position as director of Mahar Yoma Public Company. As a result, activists fear that the deal could further deepen the junta’s surveillance of the local population. "The fact that Shwe Byain Phyu is a buyer, a conglomerate with known links to the Myanmar military, deepens the risk to Myanmar people, whose personal data is exposed through the sale," Yadanar Maung, spokesperson for activist group Justice for Myanmar, told Reuters. The military junta has previously demanded that telcos implement national and regional shutdowns of telecoms services to disrupt anti-junta protests. In related news, earlier this week, Telenor announced that it had signed a new agreement expanding its partnership with Amazon Web Services. Telenor says the deal will help them to modernise their website, as well as collaborate in the development of private 5G and edge use cases for industries including, automotive, manufacturing, and supply chain logistics. Want to keep up to date with the latest developments in the world of telecoms? Subscriber to receive Total Telecom's daily newsletter  here Also in the news:

M1 Group Investments

1 Investments

M1 Group has made 1 investments. Their latest investment was in Pepe Jeans as part of their Private Equity on June 6, 2020.

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M1 Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/14/2020

Private Equity

Pepe Jeans

$34.15M

Yes

1

Date

6/14/2020

Round

Private Equity

Company

Pepe Jeans

Amount

$34.15M

New?

Yes

Co-Investors

Sources

1

M1 Group Acquisitions

2 Acquisitions

M1 Group acquired 2 companies. Their latest acquisition was Telenor Group - Myanmar Business on July 08, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/8/2021

$99M

Acquired Unit

1

2/11/2015

Debt

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$99M

$99M

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10

Date

7/8/2021

2/11/2015

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

Total Funding

$99M

Note

Acquired Unit

Subscribe to see more

Sources

1

10

M1 Group Partners & Customers

1 Partners and customers

M1 Group has 1 strategic partners and customers. M1 Group recently partnered with StarHub on June 6, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

6/24/2020

Partner

StarHub

Singapore

Singapore on track to roll out 5G by 2025; Singtel, StarHub-M1 joint venture issued final awards

Infocomm Media Development Authority said that it will continue to forge strong partnerships with the industry , `` paving the way for a vibrant 5G ecosystem in Singapore '' .

1

Date

6/24/2020

Type

Partner

Business Partner

StarHub

Country

Singapore

News Snippet

Singapore on track to roll out 5G by 2025; Singtel, StarHub-M1 joint venture issued final awards

Infocomm Media Development Authority said that it will continue to forge strong partnerships with the industry , `` paving the way for a vibrant 5G ecosystem in Singapore '' .

Sources

1

M1 Group Team

1 Team Member

M1 Group has 1 team member, including current Chief Executive Officer, Azmi Mikati.

Name

Work History

Title

Status

Azmi Mikati

Chief Executive Officer

Current

Name

Azmi Mikati

Work History

Title

Chief Executive Officer

Status

Current

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