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Burma’s wealthy tycoon and arms broker Te Za has expanded his involvement in the telecommunications sector by taking over a profitable GSM mobile phone contract reached between the
Te Za is very close to the family of the military government’s top leader Snr-Gen Than Shwe. The GSM phone contract between the government’s Myanmar Post and Telecommunications and The official price of a GSM phone is 1 million kyat (about US $1,100), but on the black market it fetches more than $2,000. One businessman in As President and Managing Director of the Htoo Trading Company, Te Za is a major player in Since the early 1990s, he has also been involved in arms trading. He is the junta’s sole representative of One western diplomat in 1 | 2 COMMENTS (0)
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