Viettel’s Metfone keeps 48 percent market share in Cambodia

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Metfone, the first brand of Viettel abroad, has recently held a ceremony to celebrate its 10th anniversary of business in Cambodia’s capital city of Phnom Penh.

Viettel’s Metfone keeps 48 percent market share in Cambodia

Since its debut on February 19, 2009, Metfone was the telecommunications service provider with largest infrastructure in Cambodia, providing services at all cities and provinces across Cambodia. Within two years, the company has won 48 percent of market share to become the top telecommunications service provider in the country and maintained its position until now.
By the end of last year, Metfone had helped Viettel to pay back its dividends of nearly US$250 million, six times higher than initial investment capital. Especially, this market has paid back investment capital within four years of operation.
Mr. Le Dang Dung, Viettel's general director and acting chairman, said that Metfone is the first brand that marks the company’s effort to enter global market. The company is in the progress of modernizing Metfone by applying the most advanced technology such as: 5G, artificial intelligence, virtual reality and big data for Metfone to complete its new mission.
At the 10th anniversary of Metfone, the Royal Government of Cambodia awarded Viettel Cambodia Private Company the first-class labor medal for its business result and contribution to telecommunications industry and the country.

By B.Tan – Translated by Thuy Doan

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