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Myanmar to Loosen State Controls on Telecoms Market
Published on:
Myanmar's government has outlined plans to loosen the state's grip on several key industries, including the telecoms market.
In a speech, Myanmar's President Thein Sein outlined a "second wave of reforms" that would aim at tripling the country's GDP by 2016 after decades of stagnation.
Thein Sein, who took office 15 months ago after the military handed over power to his quasi-civilian government, said there was a need to reduce the state's role in key industries and will privatise state owned companies.
The mobile phone market in the country is tightly controlled, with handsets being limited to well connected business people and the military. Attempts to loosen the controls have been hampered by the high costs that are beyond that of most citizens.
On the web: TaipeiTimes
Tags: [Myanmar]
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