Telenor Group will divest its 34.2% stake inDigital Money Myanmar Limited ("Wave Money") toYoma Strategic Holdings Ltd. Wave Money was launched together withFirst Myanmar Investment Co. Ltd andYoma Bank inNovember 2016 . As the leading e-wallet inMyanmar , Wave Money will remain an important digital partner for Telenor Myanmar and the strong co-operation between the two companies will continue.Telenor Group will receiveUSD 76.5 million from the divestment. Investor relations Øystein Myrvold, +47 99230460Kristine Devold , +47 90050780
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