The telecommunications sector in the Asean economies is a profitable industry with some interesting opportunities. There are, however, some significant risks that potential entrants must be aware of and thoroughly investigate before they make any decisions to invest.
For Thai companies, this means deciding whether or not the potentially promising but risky markets abroad are worth the time and attention, particularly when the 3G race is beginning to really heat up at home.
The Asean markets are promising in many sectors, and telecoms are no exception. At the most fundamental level, the markets are growing both because of demographic changes and economic growth. Demographically, Asean nations will continue to see their workforces grow well into the middle of the century, and if GDP growth continues at its current rate of around 5%, more and more people will be in the position to increase their consumption. These fundamental changes amount to more people being able to purchase more products and services, and many of these consumers will spend their newfound money on technology.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.