Say it your way
|Products||Mobile networks, Telecom services|
|Revenue||196.650 trillion VND ($9.36bn)|
|45 trillion VND ($2.11bn)|
Number of employees
|Parent||Ministry of Defense (Vietnam)|
Viettel Group (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.
Viettel has ambitious plans to enter the hardware market. It wants to develop and sell mobile phones including smart phones and TVs. It started producing mobile phones in late 2012, while discontinuing a cooperation with China's Huawei, which had previously produced Viettel phones.
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.
- Vietnam Distribution (also Viettel Import and Export Co.) is an electronics retail company. It is one of the official distributors of Hewlett Packard and Fujitsu in Vietnam. HP is supporting Viettel in developing a retail and after-sale services network.
- Viettel New Service Development
- Viettel Post
- Viettel Investment and Real Estate
- Viettel International Investment
- Viettel Football Training Center
Viettel has successfully developed telecommunication services in Laos, Cambodia, Haiti, Mozambique and Peru. It made a profit from its foreign operations for the first time in 2012, mainly based on profits from Cambodia and Laos.
Viettel started its operations as the fourth MNO in Peru in February 2013.
Viettel had a market share (estimated based on revenues) of 40.67% in 2012. Its main competitors are Vinaphone with 30% market share, MobiFone with 17.9%, both owned by VNPT. 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 is the only provider in some remote parts of Vietnam, such as Meo Vac.
In 2014,Viettel plans to invest $1 billion in a new third-generation (3G) mobile phone network in Tanzania.
- "Three telecom giants earn over VND330 trillion in 2014". Vietnamnet. 26 December 2014. Retrieved 26 December 2014.
- "Military group strives for VND 230 trillion in 2015". Gafin.vn. 25 January 2015. Retrieved 25 January 2015.
- "Viettel officially launches 3G network". The Saigon Times. 26 March 2010. Retrieved 4 January 2013.
- "Viettel joins phone production group". Saigon Times. 2 November 2012. Retrieved 4 January 2013.
- "HP picks Viettel as new distributor". The Saigon Times. 18 January 2012. Retrieved 4 January 2013.
- "Fujitsu officially appoints Viettel Distribution as the Distributor for Fujitsu’s products in Viet Nam". Fujitsu. 1 March 2012. Retrieved 4 January 2013.
- "Viettel offshore operations yield first profit". Saigon Times. 20 December 2012. Retrieved 4 January 2013.
- "Viettel gets Cameroon telecom contract". Voice of Vietnam. 13 December 2012. Retrieved 13 December 2012.
- "Năm 2012 khó khăn của các mạng di động nhỏ". Gafin.vn. 3 January 2013. Retrieved 4 January 2013.
- "Viettel to invest $1 billion on 3G telecoms network in Tanzania: officials". Investing.com. 28 October 2014. Retrieved 28 October 2014.