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

Posted: , 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

11 Comments
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posted on 15 Mar 2013, 20:20 1

1. nobelset (Posts: 265; Member since: 17 Oct 2012)


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.

posted on 15 Mar 2013, 21:39 1

4. itiswhatitis (Posts: 419; Member since: 23 Jan 2012)


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

posted on 17 Mar 2013, 04:17

9. nobelset (Posts: 265; Member since: 17 Oct 2012)


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

posted on 16 Mar 2013, 14:37

8. riggsy (Posts: 25; Member since: 16 Apr 2012)


Actually the google fiber is in Kansas City, Missouri

posted on 17 Mar 2013, 04:19

11. nobelset (Posts: 265; Member since: 17 Oct 2012)


Sorry, thanks for correcting me.

posted on 15 Mar 2013, 20:21

2. avin007 (Posts: 139; Member since: 28 Feb 2013)


Google wants to rule the world!!!

posted on 15 Mar 2013, 20:40 13

3. Aeires (unregistered)


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

posted on 15 Mar 2013, 21:48 2

5. papss (Posts: 3429; Member since: 03 Sep 2012)


I couldn't agree more..

posted on 16 Mar 2013, 00:29 2

6. Blazers (Posts: 147; Member since: 05 Dec 2011)


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?!?"

posted on 17 Mar 2013, 04:18

10. nobelset (Posts: 265; Member since: 17 Oct 2012)


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

posted on 16 Mar 2013, 14:11

7. corporateJP (Posts: 1289; Member since: 28 Nov 2009)


Money money money...MONEY!!!!

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