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Turkmenistan - 2017

机译：土库曼斯坦-2017

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BMI View:The return of MTS to Turkmenistan's mobile market will raise growth rates in every year leading up to 2021. However, this development is contingent on two factors: MTS remaining, and being able to expand in the market and ongoing developments at TM Cell (Altyn Asyr) - which we expect to continue investing in network developments and expanding its back office capacity. There are ongoing public discussions regarding the potential privatisation of Altyn Asyr. BMI believes developments at the state-owned operator are subject to considerable uncertainty, given recent political interference. However, investment and reform would potentially increase growth rates throughout the medium term. Turkmenistan's fixed-line market is underdeveloped, with low penetration though it has higher penetration than some of its neighbouring markets. Underinvestment and the increasing reliance on mobile rather than fixed are the main causes of this slow trajectory.
机译：BMI观点：直到2021年，MTS回归土库曼斯坦的移动市场每年都将提高增长率。但是，这一发展取决于两个因素：MTS保持不变，能够扩展市场以及TM Cell的持续发展（Altyn Asyr）-我们希望继续投资于网络开发并扩大其后台容量。关于Altyn Asyr的潜在私有化的讨论正在进行中。 BMI认为，鉴于最近的政治干预，国有运营商的发展存在很大的不确定性。但是，投资和改革可能会在整个中期提高增长率。土库曼斯坦的固网市场不发达，渗透率较低，尽管它的渗透率高于某些邻国市场。投资不足以及对移动设备而不是固定设备的依赖不断增加，是造成这种缓慢发展轨迹的主要原因。

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