Telecom regulators in Myanmar have approved the issuance of a license for FPT Group, paving the way for it to provide internet services to the Southeast Asian consumer market of 56 million.

“We are happy to be the first wholly owned company in the telecommunications industry to be granted a license to operate in Myanmar,” said a FPT Group representative in making the announcement.

The representative added that with the license, FPT expects to concentrate on providing high quality internet services in Myanmar in addition to a wide range of other innovative telecom services.

Sources within the Myanmar Ministry of Communications and Information Technology said FPT Group was issued a permit effective from July 6 for a period of 15 years.