Strategic priorities
Our goal:
Our objective is to enhance Myanmar’s IT infrastructure in order to harness the benefits of a digitized economy. We are concentrating our endeavours on two primary aspects with the aim of emerging as the market leader within a five-year period.
1. Building a robust ICT infrastructure in Myanmar, particularly broadband internet, is essential for the advancement of its economy.
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Nearly 93% of Myanmar’s population possesses an active mobile subscription, which considerably exceeds the global average of 75%.
Myanmar people understand the advantages of internet connectivity. TMH is ideally situated to support the expansion of Myanmar’s 5G infrastructure. |
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Nonetheless, a mere 0.24% of Myanmar’s population has a fixed broadband subscriptions, in contrast to the global average of 15%.
Therefore, the growth potential for Myanmar is gigantic. This represents one of the key strategic opportunities for TMH. |
2. As people in Myanmar increasingly use the internet, the economy will be transformed.
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Enhanced IT infrastructure contributes to economic growth: in countries similar to Myanmar, a 10% increase in mobile broadband penetration leads to a 2.44% rise in GDP. To build such infrastructure, substantial investments are required, and reliable service providers, such as TMH, play a crucial role in achieving successful outcomes. |
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In Myanmar, a mere 7% of internet users engage in online purchases of goods and services, compared to 11% in Cambodia and 22% in Lao PDR. Fostering e-commerce will necessitate new services, particularly those ensuring secure data storage and management, which we regard as essential; we are focusing our investments on enhancing our capabilities in this area. |
