Burma Opens Market to Foreign Telecom Firms
16 January 2013
Burma’s government began the process of opening up the country’s telecom market on Tuesday, by inviting companies to apply for two national licenses to operate in the telecom sector. In a statement, the government invites companies to express their interest before Jan. 25, adding that it would issue the licenses by June. The announcement opens the way for foreign telecom companies to bid for a share of Burma’s sizable but underdeveloped telecom market. The sector was long closed off under the previous military regime and Burmese mobile phone and internet services remain expensive and of low quality compared to the rest of the region.