Vietinbank strikes $20m financing deal with Unitel

A Laos-based branch of the Viet Nam Joint-Stock Commercial Bank for Industry and Trade (Vietinbank) and the Star Telecom Co Ltd, known as Unitel, reached agreement on credit finance worth US$20 million earlier this week.

Unitel is a joint venture between Vietnamese Viettel Global and Lao-Asia Telecom (LAT). With nearly 3,000 base transceiver stations (BTS), the Unitel network covers 17 cities and provinces in Laos.

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