Viettel
| |
Corporation | |
Industry | Mobile network operator |
Founded | 2004 |
Headquarters | Hanoi, Vietnam |
Key people | Major General Nguyễn Mạnh Hùng |
Products | Mobile networks, telecom services |
Revenue |
|
| |
Number of employees | 70,000 |
Parent | Vietnam Military Telecommunications Group |
Website |
vietteltelecom |
Viettel Group (full name in Vietnamese: Tập đoàn Công nghiệp 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 2017, Viettel had 70,000 employees inside and outside the country,[3] and served 63 million subscribers.[4]
It is expected to be partly privatized in 2020.
History
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 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 began production of military-grade radio equipment for the PAVN.[9] In 2014, the company announced that they were making UAVs.[10]
In 2014, Viettel announced a plan to invest $1 billion in a 3G network in Tanzania.[11]
In 2015, Viettel introduced 4G services.[12]
In 2017, Launching 4G service in Việt Nam
In 2018, Changing name of "Tập đoàn Viễn thông Quân đội" to "Tập đoàn Công nghiệp Viễn thông Quân đội"
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 having 70 million and Gmobile and Vietnamobile 10 million.[6]
Viettel has developed telecommunication services in Laos, Cambodia, Haiti, Mozambique and Peru.
International
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 2014.[8]
The company planned to invest over $2.23 billion within the period of 2015-2017 for foreign expansion purposes. By 2017 the Viettel global market was expected to 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 is focused on expanding in developing countries and has anticipated expansion in Congo (DRC), Indonesia, Bangladesh, Nepal, North Korea, Belarus and Ukraine in the near future.[15]
Operator | Country | Began operation | Subscribers | Notes | Reference |
---|---|---|---|---|---|
Unitel | 26 February 2008 | 2,500,000[16] | Joint operation between Viettel Global and Lao Asia Telecom | [17] | |
Metfone | 19 February 2009 | 10,000,000 | Largest phone operator in Cambodia, with 50% market share | [18] | |
Natcom | 10 September 2011 | 2,000,000[19] | Joint venture between Viettel Global (60%) and Haiti (40%) | [20] | |
Movitel | 10 January 2012 | 5,600,000[21] | Leading mobile operator; coverage covers over 93% of the country's land area | [22] | |
Telemor | 1 July 2013 | 470,000[23] | Owns over 47% of the market share and began making a profit after six months of operation | [24] | |
Nexttel | 12 September 2014 | 2,000,000 | First 3G operator in the country | [25] | |
Bitel | 16 October 2014 | 3,200,000 | First foreign market where country GDP exceeds Vietnam's | [26][27] | |
Lumitel | 30 May 2015 | 1,600,000 | Largest operator in Burundi within 1 month of operation | [28] | |
Halotel | 15 October 2015 | 2,666,393[29] | Placed over 18,000 km of optic fiber cables | [30][31] | |
Mytel | 26 August 2017 | Vietnam invested 1,500,000,000 USD to Mytel |
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.[32][33] HP supports 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
- ↑ "Vietnam's telecom market earns US$15 billion revenue in 2015". Retrieved 27 February 2016.
- ↑ "Viettel dominates Vietnam's mobile market with $2bn profit in 2015". Retrieved 27 February 2016.
- ↑ "Military group strives for VND 230 trillion in 2015". Gafin.vn. 25 January 2015. Retrieved 25 January 2015.
- ↑ http://uadn.net/2014/09/22/vietnamese-mobile-operator-viettel-may-invest-in-3g-network-in-ukraine/
- ↑ "Viettel officially launches 3G network". The Saigon Times. 26 March 2010. Retrieved 4 January 2013.
- 1 2 "Năm 2012 khó khăn của các mạng di động nhỏ". Gafin.vn. 3 January 2013. Archived from the original on 6 January 2013. Retrieved 4 January 2013.
- ↑ "Viettel joins phone production group". Saigon Times. 2 November 2012. Retrieved 4 January 2013.
- 1 2 "Viettel offshore operations yield first profit". Saigon Times. 20 December 2012. Retrieved 4 January 2013.
- ↑ 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. Retrieved 17 March 2015.
- ↑ "Viettel develops unmanned military aircraft". Vietnamnet.vn. 25 February 2016. Archived from the original on 30 April 2014. Retrieved 17 March 2015.
- ↑ "Viettel to invest $1 billion on 3G telecoms network in Tanzania: officials". Reuters. 28 October 2014. Retrieved 28 October 2014.
- ↑ "Viettel officially launches 3G network". Telegeography. 8 September 2015. Retrieved 14 February 2017.
- ↑ vietnamnet (2015-04-25). "Viettel to sell part of subsidiary to finance expansion". Vietnam Breaking News. Retrieved 2016-01-05.
- ↑ "Deadline looms for overseas bids for Myanmar's fourth licence - Developing Telecoms". Developing Telecoms. Retrieved 2016-01-05.
- ↑ "Viettel eyes foreign expansion plan - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05.
- ↑ vietnamnet.vn. "Unitel reaches $1 billion revenue figure in Laos - News VietNamNet". english.vietnamnet.vn. Retrieved 2017-01-15.
- ↑ "Unitel - The best operator in Laos". www.unitel.com.la. Retrieved 2016-01-05.
- ↑ "Our profile | Metfone". www.metfone.com.kh. Retrieved 2016-01-05.
- ↑ Norowitz, Avi. "November 08, 2016". www.kirusa.com. Retrieved 2017-01-15.
- ↑ "Haiti - Telecoms, Mobile and Broadband - Statistics and Analyses - BuddeComm". www.budde.com.au. Retrieved 2016-01-05.
- ↑ TeleGeography. "Viettel Global claims 26m subs; 1H16 international revenues reach USD494m". www.telegeography.com. Retrieved 2017-01-15.
- ↑ "Mozambican mobile phone operator Movitel starts operating on an experimental basis | Macauhub English". Macauhub English. Retrieved 2016-01-05.
- ↑ TeleGeography. "Mobile subscribers reach 1.25m at mid-2015". www.telegeography.com. Retrieved 2017-01-15.
- ↑ Nguyen, Quynh (28 October 2015). "Viettel Shines in East Timor". Retrieved 5 January 2015 – via vneconomictimes.com.
- ↑ "Nexttel telecommunications network | Let's fly with 3G High speed". www.nexttel.cm. Retrieved 2016-01-05.
- ↑ "Bitel hits subscriber target, plans 4G launch next month". telegeography.com. Retrieved 2016-01-05.
- ↑ "Viettel starts operations in Peru, licenced in Tanzania - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-01-05.
- ↑ "It can happen: Viettel's Burundian start-up Lumitel notches 600k subs in first month". www.telegeography.com. Retrieved 2016-01-05.
- ↑ "Quarterly Telecommunications Statistics :". www.tcra.go.tz. Retrieved 2017-01-15.
- ↑ "Viettel to launch in Tanzania in Oct-15 under Halotel banner". www.telegeography.com. Retrieved 2016-01-05.
- ↑ vietnamnet.vn. "BUSINESS IN BRIEF 30/4 - News VietNamNet". english.vietnamnet.vn. Retrieved 2016-04-30.
- 1 2 "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.