Viettel Mobile
 |
|
| Group (Tập đoàn) | |
| Industry | Mobile network operator |
| Founded | 2004 |
| Headquarters | Hanoi, Vietnam |
|
Key people
|
Nguyễn Mạnh Hùng |
| Products | Mobile networks, Telecom services |
| Revenue |
 $11 billion (2015) |
|
$2 billion (2015) |
|
|
Number of employees
|
80,000 |
| Parent | Vietnam Military Telecommunications Group |
| Website | vietteltelecom |
Viettel (full name in Vietnamese: Tập đoàn Viễn thông Quân đội) is Vietnam's largest mobile network operator. It is a state-owned enterprise wholly owned and operated by the Ministry of Defence.
As of 2014[update], Viettel had 80,000 employees inside and outside the country, and served 63 million subscribers.
In 2015, Viettel introduced 4G services.
In 2010, Viettel introduced 3G services.
In December 2011, Viettel acquired EVN Telecom and officially finished transferring accounts one year later.
In 2012, Viettel started producing mobile phones, while discontinuing a co-operation with China's Huawei, which had previously produced Viettel phones. That same year, it made a profit from its foreign operations for the first time, mainly based on profits from Cambodia and Laos.
In 2013, VM has begun production of military-grade radio equipment for the PAVN. In 2014, the company announced that they are making UAVs.
In 2014, Viettel announced its plan to invest $1 billion in a 3G network in Tanzania.
Viettel had a market share (estimated based on revenues) of 40.67% in 2012. Its main competitors are Vinaphone (owned by VNPT) with 30% market share and MobiFone with 17.9%. They control almost 90% of the market, with the rest controlled by Vietnamobile with 8%, Gmobile (formerly Beeline) with 3.2% and S-Fone with 0.1%. Viettel reported having 58.9 million customers, while Vinaphone and MobiFone estimated to have 70 million and Gmobile and Vietnamobile 10 million.
Viettel has developed telecommunication services in Laos, Cambodia, Haiti, Mozambique and Peru.
Viettel Global Investment JSC (Viettel Global) handles all the countries foreign investments. Viettel has successfully developed telecommunication services in three continents, Asia, Africa and the Americas. It made a profit from its foreign operations for the first time in 2012, mainly based on profits from Cambodia and Laos and recorded a $1.2 billion revenue from foreign operations in the year 2014.
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Wikipedia