Burmese company to launch cheap mobile phone service

Breaking News January 03, 2012 00:00

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Rangoon - A Burmese telecommunications company on Tuesday announced plans to sell mobile telephone cards for 5,000 kyats (6 dollars), a hundred times cheaper than those currently available.



"At the first we will sell 1 million 3G SIM Cards for only 5,000 kyats, possibly in the first week of March," said Lwin Naing Oo, chairman of Shwe Pyi Tagon Co Ltd.

A SIM card to use the mobile phone network in Burma, which has been isolated for decades, currently costs around 500,000 kyat.

Telecommunications are tightly controlled by the authorities, which were under a junta between 1988 and 2010, but are now under an elected regime.

Lwin Naing Oo said the new mobile service will be 40-per-cent owned by the government, 30-per-cent by Shwe Pyi Tagon, and the remaining 30 per cent by other people.

"We start with 3G, then we will implement for 4G within one year. Within five years, we plan to produce 30 million 4G SIM cards for 100-per-cent communication coverage," he told a press conference.

It was not immediately clear whether the new service had received government approval, industry sources said.//DPA

 

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