FOR IMMEDIATE RELEASE
November 7, 2019
Yangon, Myanmar – Today, IX Telecom signed a partnership agreement with Myanmar Speednet Ltd. Through this collaboration, IX Telecom plans to introduce the latest telecommunication products to Myanmar. This will be a contribution to help the country achieve high-speed internet access for 50 percent of its population by 2020.
Back in 2010, Myanmar only had around 130,000 citizens online, which was only a rate of 0.3% internet penetration. This number grew drastically to approximately 12.5 million citizens in 2016 and keeps expanding year by year. As the Myanmar internet and connectivity market is emerging, IX Telecom engages to help expand the market potential. This engagement will also support the growth of Malaysia’s export products and services to Myanmar.
Myanmar SpeedNet’s collaboration with IX Telecom is based on trust and knowledge. IX Telecom is responsible to introduce Speednet to the latest telecommunication technology. IX Telecom will be a technology partner while SpeedNet will be an operational partner in Myanmar.
IX Telecom Group CEO, Mr. Noor Helmi, and Myanmar Speednet Ltd. BOD, Mr. Thet Tun signed the agreement at the signing ceremony held, as part of the Malaysia External Trade Development Corporation (MATRADE) Mid Tier Market Immersion to Yangon at the Wyndham Hotel in Yangon, Myanmar.
IX Telecom intends to market its Open Access Network, Open Core Network, IP Transit, Virtual XChange and SD-WAN to Myanmar. It’s of importance to note down that these are new technologies to be extended to the Myanmar market.
“This is a fundamental step in our global vision. Through this strategic partnership, we are allocating years of expertise and solid resources to give Myanmar’s telecommunication landscape the edge it needs,” said Ts. Noor Helmi, CEO & Founder, IX Telecom.
“It is the opportune time for Myanmar’s market to be equipped with the latest telecommunication technology and open up to the world. This is why collaborating with IX Telecom is a great opportunity,” said Thet Tun, BOD, Myanmar Speednet Ltd.
Team Lead – Product & Marketing
IX Telecom Sdn Bhd
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