Who would have thought? A UK-based global operator that emerged in the competitive era joining with China Mobile, the big dog in China, to bid for a Myanmar license.
Operator heavyweights China Mobile and Vodafone Group have formed a consortium to bid for a mobile licence in Myanmar.
Keen to promote competition, Myanmar wants to increase the number of mobile operators from two (Myanmar Post & Telecommunications and Yantanarpon Teleport) to four.
In a statement, Vodafone laid out some of the attractions of entering this market. This includes a mobile-phone penetration of below 10 per cent, which is significantly lower than many other emerging economies. There is also a comparatively young and highly literate population of around 60 million, with a GDP growth rate of 5.5 per cent per annum.