Myanmar Technology Gateway (MTG), a local technology service provider, and Malaysia’s Numix Engineering are investing $2.5 million for satellite teleport development to roll out nationwide VSAT broadband service by the end of this year.
The new joint venture entity MTG-NUMX Co Ltd will have a satellite teleport set up in Nay Pyi Taw, the administrative capital of Myanmar, with MTG holding a 51 per cent stake while the balance will be held by Numix Engineering.
“We plan to take off by the end of 2017,” said Min Nyi Nyi Soe, business development manager of Myanmar Technology Gateway Co Ltd referring to the satellite teleport building which is about 90 per cent completed and could be ready to sell the service by the end of 2017.
The services would target banks, oil and gas corporations and mobile operators offering high speed broadband and GSM backhaul, said Soe, in an interview with DEALSTREETASIA.
MTG, established in 2003, sells the .mm domain name through its subsidiary, Myanmar New Information Center, along with providing hosting services. It entered telecom tower construction vertical after the entry of foreign telecom operators in 2014.
Numix specialises in system integration, VSAT satellite and wireless broadband telecom service across Malaysia and the South East Asia region.
MTG is looking to work with the forth telecom operator, Myanmar National Tele & Communications Ltd, as a telecom infrastructure service company, directly handling the telecom tower construction. Previously they have handled tower construction for about 200 towers as a sub-contractor for Ooredoo and Telenor.
“We will handle construction of our own telecom towers and provide a co-location service to operators,” said Soe.
MTG is also in the process of building a data centre, to be located in Nay Pyi Taw.
The 20 to 25 rack data center, which will require an investment of $0.5 million for the initial phase, will be ready for sales by the year end.
Others developing satellite teleport and related services include SEANET Myanmar, whose parent company is SEANET Technologies from Malaysia, and Com & Com Co Ltd.