Boston, MA -- (SBWIRE) -- 03/26/2014 -- In the Q2 2014 update, BMI has added Myanmar to its Cambodia and Laos quarterly report, as we look to expand our coverage of the recently liberalised market. Myanmar is set to be one of our key markets to watch in 2014, as one of the remaining frontier markets, it provides huge opportunities to mobile operators, handset developers, tower companies, mobile money services and infrastructure providers in order to rapidly cater to a 60mn strong population. The task will require huge amounts of investment from the existing companies MPT and YPT, and more importantly from winning bidders Ooredoo and Telenor. This is in contrast to Cambodia and Laos, where opportunities are limited due to a developed mobile sector but low purchasing power. This has created a situation where penetration has surpassed 100% and yet moves to higher-value 3G/4G technology or even postpaid subscriptions remain difficult as ARPU levels are among the lowest in the region and the world. Vimpelcom has already chosen to exit Cambodia with Laos anticipated to follow, while Thaicom's Cambodian unit filed for insolvency. The outlook for the wireline sector is not much improved as too many competitors and lack of investment create further unfavourable positions. The contrast between the opportunities in Myanmar against the stagnation in Laos and Cambodia is one which will be a common theme throughout our forecast period to 2018.
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