Healthy tenancy ratio growth and further consolidation expected in Myanmar towers in 2017
Entry of new operator and enforcement of licensing conditions among key drivers of change
Myanmar remains an exciting tower market though not without its challenges. The country has seen rapid uptake in mobile subscriptions, with SIM penetration rising from ten per cent two-and-a-half years ago, to now between 75-80%. With seven towercos serving the marketplace and inclusive of operator-captive towers, there are approximately 16,500 tenancies on 12,030 towers in the country. At TowerXchange’s 3rd Annual Meetup Asia in December 2016 in Singapore, our esteemed panelists from edotco, Apollo Towers Myanmar, Myanmar Infrastructure Group (MIG), Shining Star International Holdings Limited, and Overseas Private Investment Corporation (OPIC) shared their views on last year’s developments and what to expect for the coming 12 to 18 months.