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"Myanmar will be an important new market for the global mobile industry, " Vodafone and China Mobile said in their statement.
BBC: Vodafone and China Mobile make Burma mobile bid
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Earlier this month, the two biggest telecommunications companies in the world - Vodafone and China Mobile - created a consortium to bid for mobile licences in Burma.
BBC: Ford announces entry into Burma market
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Clearwire, Softbank, China Mobile and Vodafone were among the founding members of the group.
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China Mobile and Vodafone joined to bid for a mobile-telecommunications license in Myanmar, hoping to tap the nascent and highly lucrative sector as the once-isolated country opens up to foreign investment.
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"The high-growth Indian market, the third largest in Asia after China and Japan, was a noticeable gap in our network, " says Gavin Darby, Vodafone's chief executive for the U.S., Africa, China and India, who now sits on Bharti's board.
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Vodafone, the world's second largest mobile operator after China Mobile, will end its sponsorship deal with the McLaren team at the end of the 2013 season.
WSJ: Vodafone to End F1 Sponsorship
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Companies like U.K. firm Vodafone, U.S.-based Lockheed Martin and China's Haier Group landed toward the bottom of the list, with scores under 65--but they aren't losers by many means.
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China Mobile now has a market value half as large again as Vodafone's.
ECONOMIST: Buying a stake in China Inc is no shortcut to market share
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Verizon, along its UK-based parent, Vodafone, are working on trials of LTE, in conjunction with affiliates in China and India.
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Our first idea is Vodafone, which is the world's second-largest wireless company, second only to China Mobile.
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