Telenor - Myanmar - Source8
Telenor – Myanmar
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Telenor – Myanmar

Client: Telenor

Size: 100 – 6,000 sqm office, data centre and retail space

Brief

  • Telenor was awarded one of two nationwide telecommunications licenses in Myanmar on 27 June  2013
  • Source8 was retained to support Telenor with the development and implementation of a real estate strategy for the establishment of new business operations in the country

Challenge

  • Importance of speed to market in an underdeveloped real estate market
  • High in-country costs inflated by market interest from international players
  • Language barriers and lack of local suppliers/expertise
  • Need for face-to-face in county dealings to obtain and assess information
  • Weak Infrastructure including Telecoms/IT/Utilities/Logistics & Importation
  • Widespread corruption and bureaucracy

Solution

  • Source8 produced a detailed Intelligence and Market Entry Report covering all aspects from; market/location analysis and cost benchmarking to supplier and owner intelligence
  • Source8 identified viable options for the office, residential, retail and data centre requirements
  • Source8 resources continue to work with the Telenor Real Estate and Data Centre Teams to set up commercial and technical facilities

Value added

  • Source8 produced market intelligence and options analysis through direct in country presence assisted by remote PMO resources in both London and Thailand
  • Source8 was able to advise on all aspects of market entry including due diligence, security and risk management, data centre and ICT solutions

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