TUMIL HOLDINGS LIMITED

What TUMIL HOLDINGS LIMITED does

TUMIL HOLDINGS LIMITED is a privately-held diversified holding company founded in 2011 and headquartered in Yangon, Myanmar, operating through six wholly-owned sector groups: TMT Group (technology, media, telecom), ONO Group (water and electricity), GH Holding (industrial), Yadanar Taung Group (construction), T Retail (retail), and Landlord Holding (properties). It employs 1,721 people across Myanmar and offers 17 marketing and communications service modules (advertising, brand design, content studio, digital commerce, engagement planning, etc.) targeted at enterprise clients, alongside an investment-holdings portfolio.

The company's core technology asset is Amara Communications Co., Ltd., which holds a 2600MHz spectrum license won at auction in 2016 for over USD 120 million and operates the Ananda 4G+ LTE wireless broadband network in Yangon and Mandalay. Through a March 2024 partnership with ZTE, Ananda is expanding into end-to-end mobile voice (VoLTE, planned Q4 2024), fibre-to-the-home internet, WiFi (under the TUTU brand), and content services, with the strategic objective of nationwide Myanmar coverage. The company is governed by an Executive Chairman & GCEO (Aung Toe) and a full C-suite (CFO, CRO, COO, GCCO, GCPO, Group CTO), and the legal entity is privately held with its data-protection governance registered in France. Revenue figures are not publicly disclosed.

The business model combines subscription/recurring telecom revenues (mobile voice, broadband, fibre, WiFi) across consumer and enterprise segments with project-based advertising and brand services revenue. Geographic reach covers all 14 regions and states of Myanmar, with stated ambition to penetrate global markets. Distribution is through direct enterprise sales for B2B services and SIM/eSIM retail channels for the consumer telecom business.

Name

TUMIL HOLDINGS LIMITED

Legal name

TUMIL HOLDINGS LIMITED

Website

https://tumil.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

TUMIL HOLDINGS LIMITED is a Myanmar-domiciled diversified holding company operating six sector groups (TMT, utilities, construction, industrial, retail, properties) with a core telecom subsidiary, Amara Communications, running the Ananda 4G+ LTE network on a 2600MHz spectrum license across all 14 regions of Myanmar.

Ownership category

akta.pro rank

Headquarters

HQ city

Yangon

HQ country

Myanmar (Burma)

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Telecommunications Services: Mobile voice and data services, wireless broadband internet, VoLTE services through Ananda brand targeting consumers and businesses across Myanmar
2. Advertising & Marketing Services: Full-service advertising including consolidated ideas across platforms, brand design, brand strategy, content studio, digital commerce, PR & corporate communications, social marketing, engagement planning, experience design
3. Investment Holding Returns: Returns from diversified investment portfolio across technology/media/telecom, water/electricity, construction, retail, and properties sectors
4. Innovation & Product Development: Successful innovative products and services ideas to connect people and businesses

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

TUMIL Holdings is a Myanmar-based diversified holding company that provides telecommunications services through its Ananda 4G+ LTE wireless broadband network and TUTU WiFi brands (under subsidiary Amara Communications), as well as a full suite of advertising, branding, analytics, content, digital commerce, and corporate communications services. It also holds investments across technology, media, telecom, water, electricity, construction, retail, and properties sectors through six subsidiary holding groups.

Product overview

TUMIL Holdings is a Myanmar-based investment holding organization operating multiple business segments. Its primary technology product is Ananda, a 4G+ LTE wireless broadband network operator (under Amara Communications) providing internet services in Yangon and Mandalay, with plans to expand nationwide and add VoLTE mobile voice services. TUTU is the company's WiFi/fiber brand (branded as Myanmar's fastest WiFi). Beyond telecom, the company offers a broad portfolio of marketing and communications service modules covering Advertising, Analytics and Decision Sciences, Brand Design and Strategy, Content Studio, Digital Commerce, Direct Marketing, Engagement Planning, Experience Design, Health & Wellness Communications, Innovation Services, Luxury Branding, Media Services, Mobile Marketing, Product Development, PR & Corporate Communications, and Social Marketing. The organization is structured as a holding company with subsidiaries across Technology/Media/Telecom (TMT Group), Water and Electricity (ONO Group), Industrial (GH Holding), Construction (Yadanar Taung Group), Retail (T Retail), and Properties (Landlord Holding) sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Ananda: Telecommunications brand providing 4G+ LTE wireless broadband services and VoLTE mobile voice services under Amara Communications Co., Ltd.
• TMT Group Of Companies
• ONO Group Of Companies
• Yadanar Taung Group Of Companies

Products and services

• Ananda 4G+ Wireless Broadband Ananda is a 4G+ LTE wireless broadband network operator service brand of Amara Communications (a Tumil Holdings subsidiary), operating on 2600MHz spectrum. It provides wireless broadband internet in Yangon and Mandalay with plans to expand nationwide and offer VoLTE mobile voice services. Intended for consumers and businesses in Myanmar seeking connectivity.
• TUTU WiFi (Tu Tu Myanmar) TUTU (Tu Tu Myanmar) is a WiFi and digital services brand positioned as Myanmar's fastest WiFi, offering fiber packages and related connectivity solutions to consumers and businesses.
• Ananda Digital Services (VoLTE, MMS, SMS Voting, IVR) Under the Ananda telecom brand, Amara Communications offers VoLTE-enabled mobile voice services, multimedia messaging, SMS voting, interactive voice response value-added services, eSIM and physical SIM support. Targeted at consumers and businesses across Myanmar, providing comprehensive digital mobile connectivity.
• Advertising and Marketing Communications Services TUMIL provides a portfolio of advertising, branding, analytics, content, digital commerce, and corporate communications services for enterprises. Categories include Advertising, Analytics and Decision Sciences, Brand Design, Brand Strategy, Content Studio, Digital Commerce, Direct Marketing, Engagement Planning, Experience Design, Health & Wellness Communications, Innovation, Luxury Branding, Media Services, Mobile Marketing, Product Development, PR & Corporate Communications, and Social Marketing. Targeted at companies seeking meaningful branding and business transformation across telecommunications, water/electricity, construction, retail, and properties sectors.

Quantifiable outcome

• 11 years of consistent operations with growth

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ZTEcoreTechnology or Integration · 15 March 2024Network Expansion Project partnership for telecommunications infrastructure. ZTE provides end-to-end solutions including RAN, Core, IP, DWDM, Microwave, Fixed network, Terminal, and O&M. With over 24 years of expertise in Myanmar, ZTE is Amara's strategic partner for delivering advanced technology to build the best network in Myanmar.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Htoo Group of Companies: Myanmar conglomerate with diversified interests across construction, real estate, trading, telecommunications (HTTS tower/ISP), and hospitality. Htoo's diversified holding model and Myanmar telecom footprint parallel TUMIL's structure.
• KBZ Group: One of Myanmar's largest private conglomerates with holdings across banking, insurance, real estate, logistics, and telecommunications. KBZ's diversified holding structure and Myanmar market presence are directly comparable to TUMIL's six-sector model.
• Viettel Group: Vietnamese state-owned telecom group that backs Mytel in Myanmar and operates mobile networks across multiple Southeast Asian markets. Viettel is a broader regional incumbent whose Myanmar subsidiary directly competes with Ananda.
• Ooredoo Group: Qatari multinational telecom group operating mobile networks across the Middle East, North Africa, and Southeast Asia including Ooredoo Myanmar. Comparable as a regional telecom operator with subsidiary-level exposure in the same Myanmar market as Ananda.

Direct peers

• Mytel: State-backed mobile network operator in Myanmar, a joint venture involving Viettel, Myanmar National Telecom Holding, and Star Telecom. Mytel is the most aggressive 4G/5G network builder in Myanmar and competes directly with Ananda for mobile and broadband subscribers.
• MPT (Myanmar Posts and Telecommunications): Myanmar's incumbent telecom operator providing mobile voice, data, and fixed broadband services nationwide. MPT competes directly with Ananda for the same consumer and enterprise connectivity customers across Myanmar.
• Ooredoo Myanmar: Qatari-owned mobile network operator offering 3G/4G voice and data services in Myanmar. Ooredoo is one of four licensed MNOs competing with Ananda for the same Myanmar consumer and enterprise connectivity customers.
• Atom Myanmar (formerly Telenor Myanmar): Mobile network operator in Myanmar, originally Telenor then sold to Lebanese M1 Group and rebranded as Atom. Atom competes directly with Ananda as one of the four licensed MNOs serving Myanmar's mobile voice and data market.

Regional players

• Globe Telecom: Philippines mobile and broadband operator with nationwide LTE/4G/5G coverage and enterprise services. Comparable as a regional Southeast Asian telecom peer with similar mobile voice, data, and broadband offerings, though serving the Philippines market.
• True Corporation: Thai telecom operator providing mobile, fixed broadband, and pay-TV services across Thailand. Comparable as a regional Southeast Asian telecom peer with similar LTE/VoLTE/fixed broadband product mix, though operating in Thailand rather than Myanmar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tumilholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TUMIL HOLDINGS LIMITED