Telenor

If approved, the merger between the two firms will create the country's largest telecommunications firm.

The Norwegian firm took a principled stance to Myanmar's coup. The same can't be said for its exit from the country.

The Norwegian telecoms firm is awaiting regulatory approval for the sale of its Myanmar operation.

Since the February coup, the country's military government has clamped down on communications technologies.

The buyer was M1 Group, a Beirut-based firm with links to Myanmar's military.

The announcement followed reports that the Norwegian telecom operator Telenor was considering selling off its Myanmar operation.

The firm cited a "worsening of economic and business environment outlook and a deteriorating security and human rights situation."

The move came amid a growing campaign of civil disobedience following Monday's military takeover.

VimpelCom says that it would “acknowledge certain violations” if the settlements are finalized.