YANGON -- Telecommunications in Myanmar has gone mobile at a phenomenal pace, driving down voice and data rates, with new entrants expected to heat up competition further.
The Southeast Asian nation's mobile penetration rate has soared from 10% just two years ago to above 80%, or 43 million users, as of April. Virtually the entire population is expected to have coverage by the end of the year. The rapid rise stands out even among its Southeast Asian peers. Thailand and Indonesia took seven to eight years to go from 10% to 100%, while Vietnam made the jump in four years.
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