what the heck is going on in myanmar

What the heck is happening in Myanmar?

RITA NGUYEN!Co-Founder & CEO!

July 2013

Monday, 8 July, 13

Newly opened, untapped market

✦$40.1B in FDI with 90% growth in 2012✦60m untapped consumers✦Mobile phone penetration to grow between 30-50% by 2015

✦Economy growing by 5.5% annually

Monday, 8 July, 13

Young urban population

Median Age: 27.2 Rate of urbanizat ion: 2.9%

27%

19% 50%

5%

Below 14 years 15-2425-64 Over 65

Monday, 8 July, 13

The Geek Life today...

Cell phone penetration <10%✦3G is charged by the minute but still cheaper than voice calls & SMS

✦3G sim cards cost over $250 (down from $2k just a year ago)

✦Internet penetration <1% (1.05m users) ✦800k Facebook accounts

Monday, 8 July, 13

But...

✦BarCamp Yangon is the largest in the world (6.2k attendees in 2013)

✦Mobile penetration set to grow between 30-50% by 2015

✦Two new foreign carriers have 15 year contracts: installing 3G and LTE networks

✦ Android dominates the market

Monday, 8 July, 13

The Behemoths are coming

Monday, 8 July, 13

RITA NGUYEN!

www.squar.asia!

info@squar.asia!

@moodyrain!

We’re hiring!!

Monday, 8 July, 13