NEW DELHI, Jan 29 (Reuters) - Bharti Airtel Ltd,
India's top mobile phone operator, has bid for a telecoms
licence in Myanmar as part of plans to expand in overseas
markets, two sources with direct knowledge of the matter said.
The Myanmar government earlier this month invited
expressions of interest for two mobile phone licences - a first
step towards increasing mobile penetration from 5-10 percent to
80 percent in three years.
The deadline for submitting bids was last Friday.
"We are always open to opportunities provided there is a
strategic fit and the market offers significant potential,"
Bharti Airtel said in a statement, without confirming or denying
that it has bid for a licence.
The world's fourth-biggest mobile phone operator by number
of subscribers, Bharti also operates in Sri Lanka and Bangladesh
in South Asia and 17 African countries.
(Reporting by Devidutta Tripathy; Editing by Helen