Myanmar has fewer phones per capita than any other country and probably the fewest Internet connections, and that has regional telecoms and IT companies licking their lips.
But behind those statistics lies more than simply a virgin market waiting to be tapped. Myanmar has been run by generals for decades, leaving not only pent-up demand for connectivity, but also a complex web of interests and a unique ecosystem of technological make-do. All of which will require careful navigation by would-be investors.
A recent gathering of techies in Yangon’s Myanmar Info-Tech complex illustrates the promise, changes and problems Myanmar presents as the next frontier for investors.
The meeting was organized by a loose triumvirate of business-oriented folk, bloggers and the country’s IT diaspora. It was a so-called barcamp – an unstructured conference and chat-fest whose format was dreamed by up California techies tired of the exclusive, closed-door meets that are a regular feature of Silicon Valley.
Rest of the story at reuters.com