Integrator

Myanmar / Integrator: Ntegrator +7.1%. Could be spurred by news that Japan's NTT Com has become the first foreign telecom co. (of likely many) to enter Myanmar. Recall that Ntegrator designs, installs and implements data, video, fibre optic, wireless and cellular network infrastructures as well as voice comms systems. That makes it a potential play on the expansion and renewal of Myanmar’s outdated telco networks. Ntegrator is not a stranger to Myanmar. I n FY10, 19% of the co’s $37.6m revenue came from its Myanmar operations, though that figure collapsed after the govt halted invmt in the sector. However this is about to change. MD Jimmy Chang prev said he expects over the coming two to three years, that Myanmar could account for more than one-third of Ntegrator’s revenues. This would make Myanmar the firm’s second largest source of revenue, after Vietnam.