|Industry||Mobile network operator|
|Nguyễn Mạnh Hùng|
|Products||Mobile networks, Telecom services|
|Revenue||$11 billion (2015)|
|$2 billion (2015)|
Number of employees
|Parent||Vietnam Military Telecommunications Group|
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.
It is expected to be partly privatized in 2020.
In 2010, Viettel introduced 3G services.
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 2014, Viettel announced its plan to invest $1 billion in a 3G network in Tanzania.
In 2015, Viettel introduced 4G services.
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.
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. 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.
|Unitel||Laos||26 February 2008||2,500,000||Joint operation between Viettel Global and Lao Asia Telecom|||
|Metfone||Cambodia||19 February 2009||10,000,000||Largest phone operator in Cambodia with 50% market share.|||
|Natcom||Haiti||10 September 2011||2,000,000||Joint venture between Viettel Global (60%) and Haiti(40%).|||
|Movitel||Mozambique||10 January 2012||5,600,000||Leading mobile operator and coverage covers over 93% of the country land area.|||
|Telemor||East Timor||1 July 2013||470,000||Owns over 47% of the market share and began making a profit after 6 months of operation.|||
|Nexttel||Cameroon||12 September 2014||2,000,000||First 3G operator in the country.|||
|Bitel||Peru||16 October 2014||3,200,000||First foreign market where country GDP exceeds Vietnam.|||
|Lumitel||Burundi||30 May 2015||1,600,000||Largest operator in Burundi within 1 month of operation.|||
|Halotel||Tanzania||15 October 2015||2,666,393||Placed over 18,000 km of optic fiber cables|||
|Mytel||Myanmar||26 August 2017|
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
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- "Quarterly Telecommunications Statistics :". www.tcra.go.tz. Retrieved 2017-01-15.
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- "Fujitsu officially appoints Viettel Distribution as the Distributor for Fujitsu’s products in Viet Nam". Fujitsu. 1 March 2012. Retrieved 4 January 2013.