Planning to become one of the world’s major ten telecom firms using the largest abroad investment by 2015, Viettel has launched a series of projects from 2008 in other countries with committed funds really worth hundreds millions of US Dollars.
Embarking on that enterprise philosophy, Viettel chosen Cambodia because the first objective to organize its grand overseas asset program.
Setting its foot within the neighboring country in February, 2009, it has up to now acquired a document number of users of their Metfone mobile phone companies.
Right after Metfone companies had extended all more than Cambodia, in 2009; Viettel curved its curiosity to Laos, where it associated with Lao Asia Telecom to start the Unitel cell phone network.
At current, both Metfone and Unitel networks maintain first location in terms of networking infrastructure and second place in terms of buyer subscription within their nations. Most recently, Viettel has obtained a licence for developing the Movitel cell phone network within the African nation of Mozambique.
It options a good investment quantity of over US$400 million in Movitel, which can be a joint enterprise network having a set of Mozambique companies, to focus on about 85 percent of Mozambique’s population. Earlier, the military telecom business achieved a deal to get a 60 % stake well worth US$250 million from your Teletalk network in Bangladesh.
Viettel had previously purchased 70 % with the Teleco Company’s wager in Haiti in a price of US$59 million and ideas to function an additional US$300 million to the marketplace to be able to become a supplier of mobile telephone and telecom companies in Haiti in the 1st quarter of 2011.