Myanmar's emergence as an investment destination has been hogging news
bulletins globally. One area of business that holds vast potential is
its telecoms market, labelled as the last greenfield telecoms turf in
Asia.
It is no surprise that international telecom firms have been vying for a
piece of Myanmar's market and Malaysia's Axiata Group Bhd is one of
them. Axiata has said it hopes to play a major role in the Myanmar
telecoms market and has no qualms about partnering a Burmese party for
that purpose.
Axiata, though, faces competition. Global players like Norwegian firm
Telenor (parent of DiGi.Com Bhd), Digicel, the largest mobile operator
in the Caribbean, Vietnam's VNPT-Fujitsu, Russian heavyweight VimpelCom
and Sweden's TeliaSonera AB, are all jockeying for a chance for the four
telecom licences that will be dished out, according to reports.
Telecoms suppliers like China's Huawei are fast positioning themselves
as network suppliers and consultants. The Myanmar government is in the
midst of selecting a consultant that will oversee an upcoming tender for
the telecom licences.
It is yet unclear when the tenders will be out.
The attractiveness of Myanmar as a market is clear enough, considering
it has a population of more than 60 million people and its economy is
only now opening up.
(Source www.myanmar-business.org)
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