More evidence of Myanmar leap-frogging, thanks to entering the game at a later time.
The Norwegian telecoms operator’s fourth-quarter results show a net subscriber growth of 1.9 million over the past three months. This equates to a SIM market share of around 37 percent, the company said.
International competitor Ooredoo has yet to announce its Q4 results, but counted 4.8 million customers to its base against Telenor’s 11.8 million at the end of Q3. State incumbent Myanma Posts and Telecommunications had 16 million users by November last year.
Of its user base, Telenor said 52pc of subscribers are active data users, comparable to more developed markets such as Malaysia and Thailand.
“Telenor today operates the largest 3G network in Myanmar, spanning more than 4500 sites in all states and regions,” said CEO Petter Furberg in a statement. “We estimate population coverage to be in excess of 62pc, covering 90pc of townships in Myanmar either in whole or in part.”