TowerXchange market study: Laos
4G is being rolled out and more than one MNO has incentive to monetise towers, but government involvement and slow growth disincentivise investment
The mountainous, landlocked country of Laos is has the lowest population density in the ASEAN region, with a population of just under 7mn spread across 238,800 sq km. There are just under 7,500 towers in the market, all remaining MNO-captive. Four MNOs, three of which are majority State-owned, participate in a relatively slow growing market. However, 4G deployment has begun, and 3G coverage is already widespread. With possible windows of opportunity to invest in the #2, #3 or #4 operator’s towers, its time for TowerXchange to examine the tower market in Laos.
Mobile market in Laos
The mobile market growth in Laos had been slowing, but SIM penetration climbed 11.3%