International News

GlobalData reports that Myanmar’s cable market will grow by 7% over the next five years

Myanmar’s fixed communications services market is strong enough to withstand the onslaught of the Kovis-19 epidemic. Global data-based analytics firm GlobalData estimates that annual combined revenue growth (CAGR) will increase by 7% (US $ 144.7 million in 2020 to US $ 203 million by 2025) over the next five years due to rising Internet revenue.

GlobalData’s Myanmar Telecom Operators Country Intelligence Report says that despite the current low volume of landline use in Myanmar, landline usage will strengthen as the government expands its infrastructure to bridge the digital divide gap.

From 2020 to 2025, wired internet revenue is projected to grow at an annual combined growth rate of 12.3%, and landline revenue is projected to reach 3.9%. Digital Subscriber Line (DSL) will continue to be a priority technology for cable internet service in Myanmar from 2020-2025. By the end of 2020, DSL will still have a 90.9% share of wired internet usage.

The investment of operators like MPT will increase the number of fiber-optic internet lines in due course. With a strong foothold in the VoIP services sector, MPT will continue to dominate the landline and landline Internet market in 2020-2025. MPT is also integrating Fixed-mobile convergent (FMC) with fiber-optic internet services to increase the capacity of home internet users to 100Mbps, ”GlobalData reported.