Seeking its day in the sun
Singapore startup SolarHome taps record demand in Myanmar for Internet connectivity - through solar power.
IT IS often said that in Myanmar, you don't have the Internet. You have Facebook.
That folksy view of the Internet may mask the fact that since 2016, an estimated 90 per cent of the country's 54 million people have been armed with a basic smartphone to connect with one another online.
The investments pouring in from countries such as Japan, Qatar and Norway have translated into new, tall, cell towers poking into the skies in the country's rural outskirts.
The freshly wired-up conditions of Myanmar have created new demands for connectivity powered by solar energy - and these are needs that Singapore-based startup SolarHome have latched upon since its launch in late 2016.
SolarHome does business by renting out "electricification-in-a-box". These units hold a small solar panel with a battery that soaks up enough sunlight to power a single household's electricity needs - including phone charging - for abo…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft launches lightweight AI model
Gucci-owner Kering posts 10% drop in Q1 sales on sluggish Chinese demand
Hotel Properties prices 5-year notes at 5.1%
Apple to hold launch event on May 7, with new iPads expected
OUE Reit obtains S$600 million unsecured sustainability-linked loan
US: Wall St opens higher as more earnings roll in