According to union representatives, the decision to withdraw was made because of the conditions by making the Asian country does not meet the requirements of strict investment that both Vodafone and China Mobile to pursue.
As we reported earlier, the 11 carriers Viettel Telecom and other companies worldwide (now 10 after coalition China Mobile – Vodafone give up) competing to get a “performance” business telecommunications market in Myanmar “lucrative”. The parties face a number of requirements, such as providing services to mobile calls up to 75% geographic territory within 60 months.
Less than 10% of Myanmar’s population have access to mobile network (The Australian)
Investors started “playing” around Myanmar, national 64 million people but less than 10% of the population have access to mobile phones after the government announced to increase telecommunications coverage to 80% of the population number in 2016. Month 6/2012, the Ministry of Post – Myanmar Telecom SIM card discounts here to 240-300 dollars, beyond the affordability of many people of Myanmar. Despite high prices, the quality of the mobile network service is not adequate Myanmar.
Report released in October by the World Bank World Bank, Myanmar economy can be witnessed 6.2% growth this year, up from 5.5% in 2012. From these factors, Myanmar is considered one of the few telecom market untapped potential in the world.
The rest of Viettel rivals including SingTel (Singapore), Qatar Telecom (Qatar), Sumitomo (Japan), Bharti Airtel (India), Axiata (Malaysia), KDDI (Japan), Telenor (Norway ), Dubai MTN (South Africa), Digicel (Jamaica), Millicom (Luxembourg). The two companies are expected winner announced on 27/6 here.
(Source: Bloomberg & ICTNews)
