Over the past few years Myanmar has experienced a number of dramatic transitions that have restructured its economy, rapidly changing its unique landscape and gradually enriching the social welfare of its people. These changes have placed modern-day Myanmar back on the international investment radar and have seen the nation coined “the Last Frontier”.
The “Golden Land”, officially known as the Republic of the Union of Myanmar and formerly as Burma, has undergone dramatic reforms in recent years under the administration of President U Thein Sein. The rapid transition from a military junta to an open economy has surprised the global community and will see Myanmar assume the ASEAN chair for the first time in 2014.
What were the deciding factors in the decision to enter Myanmar’s market, and how does the country differ from other emerging economies?
I believe something extraordinary is going to happen in Myanmar. The opportunities that will appear over the next one to two years are going to create some of the most important memories that the country is ever going to have, as communication technology arrives in this formerly inaccessible country. Myanmar will be able to skip all of the...
While consumers are due to see more affordable access to mobile and internet services as foreign firms enter the market, local telecoms licence holders Myanmar Post and Telecommunication (MPT) and Yatanarpon Teleport (YTP) face strong competition, and must use every advantage to retain a profitable market share.
How can citizens in Myanmar be encouraged to adopt new communication technologies? What steps are being taken to boost internet uptake?
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