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%