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Google's Eric Schmidt wants in on the ground floor in Myanmar

Google's Eric Schmidt wants in on the ground floor in Myanmar

Posted: 15 Mar 2013, 20:11, by Michael H.

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Google's Eric Schmidt wants in on the ground floor in Myanmar

There are "emerging markets" and then there are "non-existent markets". Only the first category is useful to companies looking to expand, but until very recently Myanmar was in the second category. However, a relaxation of sanctions by Western countries has opened up Myanmar to business, and Google's Eric Schmidt wants to get in on the ground floor.

Myanmar has been a military dictatorship for decades, but in 2011 reforms began that removed the military rule and installed a "quasi-civilian government". A series of political and economic reforms have made Myanmar much more attractive to business. So, next week Google's Eric Schmidt will be traveling to the country to give a talk at a technology and communications park and meet with government officials.

Myanmar is planning to modernize its telecoms infrastructure partially by giving two operating licenses for companies to build new telecoms infrastructure. Once that is complete, it should be ready for companies like Google to move in and get smartphones into the hands of the people.

source: Reuters

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1. nobelset posted on 15 Mar 2013, 20:20 1

Wish they set up Google fiber here, then they could brag their Internet is 1000 times faster, not 100 times like in Kansas. The state run telecom is selfish, they sell SIM cards for around $250 and a 2mbps adsl costs over $150 per month.

4. itiswhatitis posted on 15 Mar 2013, 21:39 1

SIM card for around $250? Wow,seems like the government really wanna encourage people to use cell phones

9. nobelset posted on 17 Mar 2013, 04:17 0

Yea, but recent reforms led by the new president have been very relieving and he requested the cards to be dropped to around 5 dollars. Woww, what a difference right

8. riggsy posted on 16 Mar 2013, 14:37 0

Actually the google fiber is in Kansas City, Missouri

11. nobelset posted on 17 Mar 2013, 04:19 0

Sorry, thanks for correcting me.

2. avin007 posted on 15 Mar 2013, 20:21 0

Google wants to rule the world!!!

3. Aeires (unregistered) posted on 15 Mar 2013, 20:40 13

So does Apple. So does Microsoft. So does "insert company name here." Most companies, anyway.

5. papss posted on 15 Mar 2013, 21:48 2

I couldn't agree more..

6. Blazers posted on 16 Mar 2013, 00:29 2

The cheapest labor they can in the world, plus ad revenue. Steve Jobs ghost must be screaming at the Apple board members "why didn't you think of this first?!?"

10. nobelset posted on 17 Mar 2013, 04:18 0

A lot of people here have salaries that makes an average of $100 or less per month. I would beg Google to make jobs here LOL

7. corporateJP posted on 16 Mar 2013, 14:11 0

Money money money...MONEY!!!!

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Google's Eric Schmidt wants in on the ground floor in Myanmar

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11 Comments Follow Following

1. nobelset posted on 15 Mar 2013, 20:20 1

4. itiswhatitis posted on 15 Mar 2013, 21:39 1

9. nobelset posted on 17 Mar 2013, 04:17 0

8. riggsy posted on 16 Mar 2013, 14:37 0

11. nobelset posted on 17 Mar 2013, 04:19 0

2. avin007 posted on 15 Mar 2013, 20:21 0

3. Aeires (unregistered) posted on 15 Mar 2013, 20:40 13

5. papss posted on 15 Mar 2013, 21:48 2

6. Blazers posted on 16 Mar 2013, 00:29 2

10. nobelset posted on 17 Mar 2013, 04:18 0

7. corporateJP posted on 16 Mar 2013, 14:11 0

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