Google’s Schmidt Sees Opportunities in Myanmar
Google Inc. Executive Chairman Eric Schmidt said the technology company will work with the private sector in Myanmar to help the country develop its sluggish telecommunications sector, which he said would be the “most profitable business” in the once-isolated country as it opened up to foreign investment.
“We will focus on getting the telecommunications industry as our partners” in infrastructure development, Mr. Schmidt said Friday to hundreds of students and technology entrepreneurs at a university here. He said repeatedly that the government must allow private-sector investment in the industry and allow faster, data-friendly third- and fourth-generation networks to modernize communication.
