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Business

Foreign providers, price competition spur growth

Ads by foreign mobile operators such as Ooredoo are popping up in Yangon, Myanmar's largest city.

YANGON -- Myanmar's market for mobile phone services is expanding at a blistering pace as recently arrived foreign providers continue slashing prices in their quest for more customers.

     The number of subscribers to cell phone services in Myanmar, a country with more than 50 million people, will climb steadily in the coming years, according to U.K.-based market research company Ovum. The company forecasts that by the end of 2019, the country will have 38.5 million subscribers, 2.6 times the total at the end of 2014.

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