How Connectivity Enables Growth: New Frontier Economics report for Telenor released
Telenor Group and Frontier Economics have released a regional study that quantifies the impact of the telecommunications sector within the five Asian markets where Telenor operates. Our research found that the telecommunications sector contributed more than one percent of the GDPs in Bangladesh, Pakistan, Myanmar, Thailand and Malaysia, while the sectors enabled by telecommunications contributed almost three quarters of overall gross value added across these markets. Further, the findings show the direct contribution that Telenor has on these economies in creating, producing and supplying telecommunications services.
“As an important enabler of economic activity, telecommunications has substantially improved business efficiency, accelerated innovation and led to the establishment of markets for new products and services. Our analysis shows that sectors which use telecommunications services more intensively contribute between 65 to 75% of total economic value to the markets across Telenor’s Asian footprint, and that these sectors have been growing strongly at between 6 to 12% per year. This shows the impact of Telenor Group’s investments in Asia in supporting and enabling growth in the countries where it operates,” said Clive Kenny, Senior Economic Consultant (Telecommunications) from the research team at Frontier Economics.
A summary of key results and the report can be accessed here.
This report was jointly produced by Frontier Economics teams in Singapore and London.
For more information on this report, please contact Ehson Shirazi at Frontier Economics in Singapore on +65 9730 9850.