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Viettel conquers Cambodia's mobile market
Viettel Cambodia, a subsidiary of Viet Nam's military-run telecom service provider, now owns 42 percent of the base transceiver stations (BTS) and 88 percent the optic-fibre cable in Cambodia.
In terms of subscribers, it now holds the second place just six months after becoming operational.
The telecom provider aims to obtain a turnover of US$250 million this year. It also plans to have 3,000 BTS for 2G services and 1,500 BTS for its 3G network. It is also looking to increase its optic-fibre cable network to between 15,000 and 16,000 kilometres.
Viettel said it was looking to have a 46 per cent share of the fixed-line subscriber market, and 90 percent of the mobile phone and ADSL markets.
The group is now the leading Vietnamese investor in foreign countries.
This year, it plans to invest in Bangladesh, while expanding its market share in other foreign countries.
The group said its targeted turnover this year was VND75 trillion to VND78 trillion ($4-4.2 billion), an increase of 60 per cent to 70 percent against last year.
In the domestic market, its BTS and optic-fibre cable infrastructure has increased by 50 percent. It has 26,000 stations for 2G and 3G services and 90,000 kilometres of cable.
The telecom provider plans to have 7,000 operational BTS for 3G services in Viet Nam.
Viettel Deputy General Director Nguyen Manh Hung said the group would be responsible for designing its products, while they would be assembled in mainland China or Taiwan.
Hung said his company decided to invest in producing made-in-Viet Nam mobile phone products to meet the demand of Viet Nam's 40 million subscribers. It is anticipated that there will be 50 million subscribers by the end of this year.
vietnamnews
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