REPUBLIKA.CO.ID, YANGON - Indonesian state-owned telecommunication company, PT Telekomunikasi Indonesia (Telkom), seeks permit to enter telecommunication business  in Myanmar with investment worth two billion USD.

President Director of Telkom, Arief Yahya, said Telkom would provide lower cost phone service in Myanmar. "Once we get the license, we believe that our service will cut the service cost in the country," Yahya said on Wednesday in Yangon, as reported by Nur Aini from Republika.

Myanmar currently has two telecommunication providers, MPT and Yatanarpon. One SIM card in Myanmar cost almost 200 USD. Yahya believed that Myanmar citizens could enjoy more affordable cost for telecommunication service in four to five years.

With two billion USD of investment plan, Telkom now obtains one billion USD. The company could ask for three billion USD loan from bank. Telkom sees Myanmar potential for telecommunication investment considering that only 10 percent of 60 million population have access to telecommunication, especially mobile phone.

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