AINMT aims to rapidly expand its presence outside Scandinavia. Its initial focus is on emerging markets.
In 2015, AINMT, together with local partners, invested in Indonesia and the Philippines to develop data-only 4G networks based on low frequency bands in these countries. These two markets cover 360 million people. For AINMT this represents a fantastic opportunity which will be further developed in the coming years. AINMT is also investigating opportunities in other markets, and is aiming to cover 1bn+ people.
AINMT’s international target markets
AINMT is the world leader when it comes to providing wireless broadband services on low frequencies. The group has significant experience in monetizing low frequency networks in competitive markets. The characteristics of AINMT’s international target markets can be summarized as follows:
- Fast-growing economies
- Low fixed line internet penetration
- High social media consumption: demand for data consumption driven by young and large population and their need to be “connected”
- High internet café usage
- Large geographical areas – expensive to provide coverage with high frequency network
- Rapid growth in e-commerce businesses