Viettel Global expands investment in world

An annual general meeting of Vietnamese telecom giant Viettel approved the one-year business plan with revenue of $1.4 billion, an increase of 29 percent.

Viettel Global receives the licence to become the fourth telecom provider in Myanmar. — Photo courtesy of Viettel

Viettel Global receives the licence to become the fourth telecom provider in Myanmar. — Photo courtesy of Viettel

As per the military-run company’s last year business results, Viettel’s total revenue from investment in abroad surged by 21.5 percent, double compared to 2015’ growth speed.

Viettel Global’s fresh markets in African countries have seen non-stop development; for instance, Viettel Tanzania hiked by 1.343 percent; Viettel Cameroon skyrocketed by 43 percent and Viettel Burundi with 42 percent.

In 2017, the company planned to have 12.9 million fresh customers bringing the number of customers in abroad to nearly 50 million subscribers. 

Viettel plans to enter bigger markets with 100-200 million people.


By K. Thanh - Translated by Uyen Phuong

Other news