Viettel

For the football club, see Viettel F.C.
Viettel Group
Group (Tập đoàn)
Industry Mobile network operator
Founded 2004
Headquarters Hanoi, Vietnam
Products Mobile networks, Telecom services
Revenue Increase $11 billion (2015)[1]
Increase $2 billion (2015)[2]
Number of employees
 80,000
Parent Vietnam Military Telecommunications Group
Website vietteltelecom.vn

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, Viettel had 80,000 employees inside and outside the country,[3] and served 63 million subscribers.[4]

History

In May 2007 Chunghwa Telecom Co., Ltd. established a joint venture with Viettel Mobile to provide Internet data centre services in Vietnam.

In 2010, Viettel introduced 3G services.[5]

In December 2011, Viettel acquired EVN Telecom and officially finished transferring accounts one year later.[6]

In 2012, Viettel started producing mobile phones, while discontinuing a co-operation with China's Huawei, which had previously produced Viettel phones.[7] That same year, it made a profit from its foreign operations for the first time, mainly based on profits from Cambodia and Laos.[8]

In 2013, VM has begun production of military-grade radio equipment for the PAVN.[9] In 2014, the company announced that they are making UAVs.[10]

In 2014, Viettel announced its plan to invest $1 billion in a 3G network in Tanzania.[11]

Activities

Domestic

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.[6]

Viettel has developed telecommunication services in Laos, Cambodia, Haiti, Mozambique and Peru.

International

Map showing countries with Viettel Group presence

Viettel Global Investment JSC (Viettel Global) handles all the countries foreign investments.[12] 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.[8]

The company plans to invest over $2.23 billion within the period of 2015-2017 for foreign expansion purposes. By 2017 the Viettel global market will cover an area of over 350 million potential subscribers. Viettel Global plans to sell 10% of its stake to obtain further capital to facilitate expansion and as of January 2015 had already begun laying infrastructure in Myanmar.[13] The company focuses to expanding in developing countries and has anticipated expansion in Congo (DRC), Bangladesh, Nepal, North Korea, Belarus and Ukraine in the near future.[14]

Operator Country Began Operation Subscribers Notes Reference
Unitel  Laos 26 February 2008 2,500,000 Joint operation between Viettel Global and Lao Asia Telecom [15]
Metfone  Cambodia 19 February 2009 8,000,000 Largest phone operator in Cambodia with 46% market share. [16]
Natcom  Haiti 10 September 2011 1,200,000 Joint venture between Viettel Global (60%) and Haiti(40%). [17]
Movitel  Mozambique 10 January 2012 5,000,000 Leading mobile operator and coverage covers over 80% of the country land area. [18]
Telemor  East Timor 1 July 2013 400,000 Owns over 47% of the market share and began making a profit after 6 months of operation. [19]
Nexttel  Cameroon 12 September 2014 2,000,000 First 3G operator in the country. [20]
Bitel  Peru 16 October 2014 1,700,000 First foreign market where country GDP exceeds Vietnam. [21][22]
Lumitel  Burundi 30 May 2015 1,600,000 Largest operator in Burundi within 1 month of operation. [23]
Halotel  Tanzania 15 October 2015 1,000,000 Placed over 18,000 km of optic fiber cables [24][25]

Subsidiaries and joint-ventures

Vietnam Military Telecommunications Group (Tập đoàn Viễn thông Quân đội), the parent of the Viettel brand, also owns a number of other companies.

References

  1. ↑ "Vietnam's telecom market earns US$15 billion revenue in 2015". Retrieved 27 February 2016.
  2. ↑ "Viettel dominates Vietnam's mobile market with $2bn profit in 2015". Retrieved 27 February 2016.
  3. ↑ "Military group strives for VND 230 trillion in 2015". Gafin.vn. 25 January 2015. Retrieved 25 January 2015.
  4. ↑ http://uadn.net/2014/09/22/vietnamese-mobile-operator-viettel-may-invest-in-3g-network-in-ukraine/
  5. ↑ "Viettel officially launches 3G network". The Saigon Times. 26 March 2010. Retrieved 4 January 2013.
  6. 1 2 "Năm 2012 khó khăn của các mạng di động nhỏ". Gafin.vn. 3 January 2013. Retrieved 4 January 2013.
  7. ↑ "Viettel joins phone production group". Saigon Times. 2 November 2012. Retrieved 4 January 2013.
  8. 1 2 "Viettel offshore operations yield first profit". Saigon Times. 20 December 2012. Retrieved 4 January 2013.
  9. ↑ Nguyễn Tuấn (17 July 2013). "Những thành quả đầu tiên của công nghiệp quân sự Việt Nam". Vietstock.vn. Archived from the original on 22 July 2013.
  10. ↑ "Viettel develops unmanned military aircraft". Vietnamnet.vn. 25 February 2016. Archived from the original on 30 April 2014.
  11. ↑ "Viettel to invest $1 billion on 3G telecoms network in Tanzania: officials". Investing.com. 28 October 2014. Retrieved 28 October 2014.
  12. ↑ vietnamnet (2015-04-25). "Viettel to sell part of subsidiary to finance expansion". Vietnam Breaking News. Retrieved 2016-01-05.
  13. ↑ "Deadline looms for overseas bids for Myanmar's fourth licence - Developing Telecoms". Developing Telecoms. Retrieved 2016-01-05.
  14. ↑ "Viettel eyes foreign expansion plan - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05.
  15. ↑ "Unitel - The best operator in Laos". www.unitel.com.la. Retrieved 2016-01-05.
  16. ↑ "Our profile | Metfone". www.metfone.com.kh. Retrieved 2016-01-05.
  17. ↑ "Haiti - Telecoms, Mobile and Broadband - Statistics and Analyses - BuddeComm". www.budde.com.au. Retrieved 2016-01-05.
  18. ↑ "Mozambican mobile phone operator Movitel starts operating on an experimental basis | Macauhub English". Macauhub English. Retrieved 2016-01-05.
  19. ↑ Nguyen, Quynh (28 October 2015). "Viettel Shines in East Timor". Retrieved 5 January 2015 – via vneconomictimes.com.
  20. ↑ "Nexttel telecommunications network | Let's fly with 3G High speed". www.nexttel.cm. Retrieved 2016-01-05.
  21. ↑ "Bitel hits subscriber target, plans 4G launch next month". telegeography.com. Retrieved 2016-01-05.
  22. ↑ "Viettel starts operations in Peru, licenced in Tanzania - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05.
  23. ↑ "It can happen: Viettel's Burundian start-up Lumitel notches 600k subs in first month". www.telegeography.com. Retrieved 2016-01-05.
  24. ↑ "Viettel to launch in Tanzania in Oct-15 under Halotel banner". www.telegeography.com. Retrieved 2016-01-05.
  25. ↑ vietnamnet.vn. "BUSINESS IN BRIEF 30/4 - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-04-30.
  26. 1 2 "HP picks Viettel as new distributor". The Saigon Times. 18 January 2012. Retrieved 4 January 2013.
  27. ↑ "Fujitsu officially appoints Viettel Distribution as the Distributor for Fujitsu's products in Viet Nam". Fujitsu. 1 March 2012. Retrieved 4 January 2013.
This article is issued from Wikipedia - version of the 10/31/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.