Viettel Mobile

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Viettel Group
Type Group(Tập đoàn)
Industry Mobile telecommunications
Founded 2004
Headquarters Hanoi, Vietnam
Products Mobile networks, Telecom services
Revenue 140 trillion VND ($7bn)[1]
Net income 27 trillion VND ($1.3bn)
Employees 25,000
Parent Ministry of Defense (Vietnam)
Website vietteltelecom.vn

Viettel Group (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.

Viettel pays its 25,000 employees an average salary of 18 million VND per month, a total of 5.4 trillion VND per year.[2]

History

It was set up in 2004 as a GSM launcher, as the fourth network in Vietnam (after Mobifone, Vinaphone and S-Fone).

Products

Viettel introduced 3G services in early 2010 (after Vinaphone and MobiFone), including video call, mobile broadband 3G, TV mobile, video-on-demand, online music.[3]

Viettel has ambitious plans to enter the hardware market. It wants to develop and sell mobile phones including smart phones and TVs.[1] It started producing mobile phones in late 2012, while discontinuing a cooperation with China's Huawei, which had previously produced Viettel phones.[4]

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.[5][6] HP is supporting Viettel in developing a retail and after-sale services network.[5]
  • Viettel New Service Development
  • Viettel Post
  • Viettel Investment and Real Estate
  • Viettel International Investment
  • Viettel Football Training Center

In May 2007 Chunghwa Telecom Co., Ltd. established a joint venture with Viettel Mobile to provide Internet data center services in Vietnam.

Viettel has successfully developed telecommunication services in Laos, Cambodia, Haiti, Mozambique and Peru. It made a profit from its foreign operations for the first time in 2012, mainly based on profits from Cambodia and Laos.[7]

It won a contract in Cameroon in December 2012, which it bid for in a joint-venture with Bestinver Cameroon S.A.R.L.[8]

Viettel started its operations as the fourth MNO in Peru in February 2013.[9]

Market share and competitors

Viettel had a market share (estimated based on revenues) of 40.67% in 2012.[10] Its main competitors are Vinaphone with 30% market share, MobiFone with 17.9%, both owned by VNPT.[10] 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%.[10] Viettel reported having 58.9 million customers, while Vinaphone and MobiFone estimated to have 70 million and Gmobile and Vietnamobile 10 million.[10]

Viettel acquired EVN Telecom in December 2011 and officially finished transferring accounts one year later.[10]

Viettel is the only provider in some remote parts of Vietnam, such as Meo Vac.

Viettel Mobile won Most Popular Operator at 2005, 2006 and 2007 Vietnam Mobile Awards.[11][12]

References

  1. 1.0 1.1 "Telecom giants fare well". The Saigon Times. 25 December 2012. Retrieved 4 January 2013. 
  2. "http://gafin.vn/20130105104650849p0c36/thu-nhap-binh-quan-nhan-vien-viettel-la-18-trieu-dong-thang.htm". Gafin.vn. 5 January 2013. Retrieved 5 January 2013. 
  3. "Viettel officially launches 3G network". The Saigon Times. 26 March 2010. Retrieved 4 January 2013. 
  4. "Viettel joins phone production group". Saigon Times. 2 November 2012. Retrieved 4 January 2013. 
  5. 5.0 5.1 "HP picks Viettel as new distributor". The Saigon Times. 18 January 2012. Retrieved 4 January 2013. 
  6. "Fujitsu officially appoints Viettel Distribution as the Distributor for Fujitsu’s products in Viet Nam". Fujitsu. 1 March 2012. Retrieved 4 January 2013. 
  7. "Viettel offshore operations yield first profit". Saigon Times. 20 December 2012. Retrieved 4 January 2013. 
  8. "Viettel gets Cameroon telecom contract". Voice of Vietnam. 13 December 2012. Retrieved 13 December 2012. 
  9. http://viettelperu.net/noticias/mtc-viettelperu-iniciara-operaciones-tecnicas-este-sabado-26/
  10. 10.0 10.1 10.2 10.3 10.4 "Năm 2012 khó khăn của các mạng di động nhỏ". Gafin.vn. 3 January 2013. Retrieved 4 January 2013. 
  11. http://www.vietnamnet.vn/cntt/2008/01/763095/
  12. http://www.vietnamnet.vn/cntt/2007/01/652049/

External links

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