Viettel

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Viettel Group
Corporation
Industry Mobile network operator
Founded 2004
Headquarters Hanoi, Vietnam
Key people
Nguyễn Mạnh Hùng
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 and the first state-owned operator that accepted Google Play payments.

As of 2014, Viettel had 80,000 employees inside and outside the country,[3] and served 63 million subscribers.[4]

It is expected to be partly privatized in 2020.

History[edit]

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]

In 2015, Viettel introduced 4G services.[12]

Activities[edit]

Domestic[edit]

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[edit]

Map showing countries with Viettel Group presence

Viettel Global Investment JSC (Viettel Global) handles all the countries foreign investments.[13] 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.[14] 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.[15]

Operator Country Began Operation Subscribers Notes Reference
Unitel  Laos 26 February 2008 2,500,000[16] Joint operation between Viettel Global and Lao Asia Telecom [17]
Metfone  Cambodia 19 February 2009 10,000,000 Largest phone operator in Cambodia with 50% market share. [18]
Natcom  Haiti 10 September 2011 2,000,000[19] Joint venture between Viettel Global (60%) and Haiti(40%). [20]
Movitel  Mozambique 10 January 2012 5,600,000[21] Leading mobile operator and coverage covers over 93% of the country land area. [22]
Telemor  East Timor 1 July 2013 470,000[23] Owns over 47% of the market share and began making a profit after 6 months of operation. [24]
Nexttel  Cameroon 12 September 2014 2,000,000 First 3G operator in the country. [25]
Bitel  Peru 16 October 2014 3,200,000 First foreign market where country GDP exceeds Vietnam. [26][27]
Lumitel  Burundi 30 May 2015 1,600,000 Largest operator in Burundi within 1 month of operation. [28]
Halotel  Tanzania 15 October 2015 2,666,393[29] Placed over 18,000 km of optic fiber cables [30][31]
Mytel  Myanmar 26 August 2017

Subsidiaries and joint-ventures[edit]

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.[32][33] HP is supporting Viettel in developing a retail and after-sale services network.[32]
  • Viettel New Service Development
  • Viettel Post
  • Viettel Investment and Real Estate
  • Viettel International Investment
  • Viettel Football Training Center

References[edit]

  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. ^ a b "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. ^ a b "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. ^ "Viettel officially launches 3G network". Telegeography. 8 September 2015. Retrieved 14 February 2017. 
  13. ^ vietnamnet (2015-04-25). "Viettel to sell part of subsidiary to finance expansion". Vietnam Breaking News. Retrieved 2016-01-05. 
  14. ^ "Deadline looms for overseas bids for Myanmar’s fourth licence - Developing Telecoms". Developing Telecoms. Retrieved 2016-01-05. 
  15. ^ "Viettel eyes foreign expansion plan - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05. 
  16. ^ vietnamnet.vn. "Unitel reaches $1 billion revenue figure in Laos - News VietNamNet". english.vietnamnet.vn. Retrieved 2017-01-15. 
  17. ^ "Unitel - The best operator in Laos". www.unitel.com.la. Retrieved 2016-01-05. 
  18. ^ "Our profile | Metfone". www.metfone.com.kh. Retrieved 2016-01-05. 
  19. ^ Norowitz, Avi. "November 08, 2016". www.kirusa.com. Retrieved 2017-01-15. 
  20. ^ "Haiti - Telecoms, Mobile and Broadband - Statistics and Analyses - BuddeComm". www.budde.com.au. Retrieved 2016-01-05. 
  21. ^ TeleGeography. "Viettel Global claims 26m subs; 1H16 international revenues reach USD494m". https://www.telegeography.com. Retrieved 2017-01-15.  External link in |newspaper= (help)
  22. ^ "Mozambican mobile phone operator Movitel starts operating on an experimental basis | Macauhub English". Macauhub English. Retrieved 2016-01-05. 
  23. ^ TeleGeography. "Mobile subscribers reach 1.25m at mid-2015". www.telegeography.com. Retrieved 2017-01-15. 
  24. ^ Nguyen, Quynh (28 October 2015). "Viettel Shines in East Timor". Retrieved 5 January 2015 – via vneconomictimes.com. 
  25. ^ "Nexttel telecommunications network | Let's fly with 3G High speed". www.nexttel.cm. Retrieved 2016-01-05. 
  26. ^ "Bitel hits subscriber target, plans 4G launch next month". telegeography.com. Retrieved 2016-01-05. 
  27. ^ "Viettel starts operations in Peru, licenced in Tanzania - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05. 
  28. ^ "It can happen: Viettel's Burundian start-up Lumitel notches 600k subs in first month". www.telegeography.com. Retrieved 2016-01-05. 
  29. ^ "Quarterly Telecommunications Statistics :". www.tcra.go.tz. Retrieved 2017-01-15. 
  30. ^ "Viettel to launch in Tanzania in Oct-15 under Halotel banner". www.telegeography.com. Retrieved 2016-01-05. 
  31. ^ vietnamnet.vn. "BUSINESS IN BRIEF 30/4 - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-04-30. 
  32. ^ a b "HP picks Viettel as new distributor". The Saigon Times. 18 January 2012. Retrieved 4 January 2013. 
  33. ^ "Fujitsu officially appoints Viettel Distribution as the Distributor for Fujitsu’s products in Viet Nam". Fujitsu. 1 March 2012. Retrieved 4 January 2013. 

External links[edit]