Viettel conquers Cambodia’s mobile market
Posted by VBN on Feb 27th, 2010 and filed under Telecommunication. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry
Posted by VBN on Feb 27th, 2010 and filed under Telecommunication. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry Viettel Cambodia, a subsidiary of Vietnam’s military-run telecom service provider, now owns 42 per cent 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.
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 250 million USD 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 per cent 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 75 trillion VND to 78 trillion VND (4-4.2 billion USD), an increase of 60 per cent to 70 per cent against last year.
In the domestic market, its BTS and optic-fibre cable infrastructure has increased by 50 per cent. 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 Vietnam .
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-Vietnam mobile phone products to meet the demand of Vietnam’s 40 million subscribers. It is anticipated that there will be 50 million subscribers by the end of this year./.
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Last update 14/03/2011 08:00:00 AM (GMT+7)
Viettel mulls venturing into software industry
Vietnam’s leading telecom service provider Viettel Corporation has said it will set up a software offshoot to diversify its business operations now that the telecom market has been approaching the saturation point.
Hoang Anh Xuan, general director of Viettel, told the Daily on the phone that Viettel would develop its software service center into a software company.
“Many people know us as the leading telecom group. Now, we want to venture into other areas like software and other services related to information technology and telecom,” he said.
Xuan said, “Expanding into other areas is an important strategy as the telecom service market becomes saturated in the country.”
Under its plan, the software service center will become a member of Viettel Corporation. It will provide software products linked to telecom trading and telecom network management, as well as develop enterprise resource planning (ERP) solutions, e-commerce and e-Government-related products.
Alongside the plan to tap the software market, the giant telco will offer various services like data center leasing, video conferencing, web conferencing, online tax declaration, and 3G-based Virtual Private Network service, among others.
Xuan said that apart from consolidating its domestic market footing, Viettel is marching into foreign markets where telecom penetration is low. According to Xuan, Viettel targets to invest into 15 nations with a combined population of 400-500 million.
Up to date, Viettel has invested in Cambodia, Haiti and Mozambique.
Last year, the company gained VND15.5 trillion in pretax profit, increasing 52% over 2009. This year, Viettel targets to obtain VND117 trillion in revenue, an increase of 25% year-on-year.
Source: SGT
Viettel said it was looking to have a 46 per cent share of the fixed-line subscriber market, and 90 per cent 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 75 trillion VND to 78 trillion VND (4-4.2 billion USD), an increase of 60 per cent to 70 per cent against last year.
In the domestic market, its BTS and optic-fibre cable infrastructure has increased by 50 per cent. 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 Vietnam .
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-Vietnam mobile phone products to meet the demand of Vietnam’s 40 million subscribers. It is anticipated that there will be 50 million subscribers by the end of this year./.
==================
Last update 14/03/2011 08:00:00 AM (GMT+7)
Viettel mulls venturing into software industry
Vietnam’s leading telecom service provider Viettel Corporation has said it will set up a software offshoot to diversify its business operations now that the telecom market has been approaching the saturation point.
Hoang Anh Xuan, general director of Viettel, told the Daily on the phone that Viettel would develop its software service center into a software company.
“Many people know us as the leading telecom group. Now, we want to venture into other areas like software and other services related to information technology and telecom,” he said.
Xuan said, “Expanding into other areas is an important strategy as the telecom service market becomes saturated in the country.”
Under its plan, the software service center will become a member of Viettel Corporation. It will provide software products linked to telecom trading and telecom network management, as well as develop enterprise resource planning (ERP) solutions, e-commerce and e-Government-related products.
Alongside the plan to tap the software market, the giant telco will offer various services like data center leasing, video conferencing, web conferencing, online tax declaration, and 3G-based Virtual Private Network service, among others.
Xuan said that apart from consolidating its domestic market footing, Viettel is marching into foreign markets where telecom penetration is low. According to Xuan, Viettel targets to invest into 15 nations with a combined population of 400-500 million.
Up to date, Viettel has invested in Cambodia, Haiti and Mozambique.
Last year, the company gained VND15.5 trillion in pretax profit, increasing 52% over 2009. This year, Viettel targets to obtain VND117 trillion in revenue, an increase of 25% year-on-year.
Source: SGT
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