SME Finance Forum member CDC, the UK’s development finance institution, has today announced its investment in Frontiir, the leading internet service provider in Myanmar. The investment will help fund Frontiir’s ambitious expansion throughout Myanmar, connecting over 2 million people to the internet.

Srini Nagarajan, Managing Director and Head of Asia commented, “at CDC, we firmly believe in the power of connectivity to help build the economic strength of communities and businesses. Frontiir’s expansion has been impressive, led by its experienced management – the team brings a great mix of commercial, innovative and social awareness to the table. CDC’s capital will help accelerate the business growth, helping it reach further remote regions.