China Mobile and Vodafone join hands to tap Myanmar telecom market
By insightVAS - Fri Apr 05, 4:40 pm
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Myanmar has a mobile penetration of under 10 percent
The world’s two largest mobile operator groups by subscribers said they will together seek a 15-year license to build and operate a mobile network in the newly-liberalized nation. Pre-qualification application has been submitted by the companies. The application period ended on April 4.
The two operators have been collaborating in some form since 2000. Their combined might will give them an advantage in the auction process.
The competition will be tough as the Myanmar government is aiming to issue two telecom licences and many operator groups has showed interest in the bidding.
Myanmar is seen to be the one of the world’s last mostly-untapped telecom markets, with a mobile penetration of under 10 percent, so operators have jumped at the chance to get in at the ground floor. The government has announced a policy of opening the nation’s telecom sector up to international investment.
China Mobile and Vodafone’s announcement indeed cautions that their application “is still at a preliminary stage and may or may not be ultimately successful.”
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