MTN bids for Myanmar licence

7 Mar 2013

MTN is one of 90 companies vying for a mobile network licence in Myanmar as the company searches for growth in new markets.

MTN has been successful in operating in volatile countries‚ some of which have endured years of social and political unrest.

The company has ventured into territories such as Iran, Nigeria and Syria and over the years some of these markets have provided steady revenue and subscriber growth.

According to MTN chief executive Sifiso Dabengwa, Myanmar has a population of 60m but only about 5% of the people have mobile phones. There are two licences on offer in the country and MTN is hoping to secure one of them.

"I think it represents an excellent opportunity‚ but it could be a challenging venture as Myanmar is different from the markets in which we have operated before," he said.

The Myanmar government is reportedly targeting a mobile penetration rate of about 80% by 2016 once the new licences have been awarded and services are operating.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za