Myanmar Telecommunication Network
One of Asia’s least developed nations, at least according to
telecommunications and economy, will be open to foreign investments and given
subsidies as well as liberal policies.
Asia’s least developed telecommunications market is about to
take off thanks to foreign investment and liberalized policies. It is
surprising to see that in such a world where almost everyone has a smart-phone,
only 12.3% of Myanmar’s citizens have a basic mobile. The country can thank its
military junta leaders, with their conservative mind-set for that.
But, all that is about to change. International countries
such as Ooredoo, Telenor, NEC, NTT and Sumitomo etc. have been granted licenses
to operate there. Though, definitely, it will take time to create a basic
infrastructure, yet mobile subscribers rate is expected to grow at 30% to reach
more than 32 million by end of this decade. This will ensure the mobile
penetration rate is more than 50%.
An analyst said “A properly functioning telecoms network will
spur innovation in other critical industries, such as education, healthcare and
finance, and contribute to overall socio-economic development.”