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18 Jan 2012Viettel

Viettel is one of the prominent players in the Vietnamese telecom market offering services including dial-up and broadband Internet, fixed line services, VoIP, mobile and network leased line services. Viettel started operating as an ISP and IXP in 2002.

In October 2004, Viettel launched its GSM based mobile telephony services in Vietnam. It is the fourth player to enter the market after VNPT’s two subsidiaries and S-Fone.

On 5 October 2009, Viettel bought a stake in Teletalk, the state run mobile phone venture in Bangladesh. Considering the growing market for mobile users, Bangladesh is a strategic investment for Viettel.

In December 2011, it was announced that Viettel would absorb EVN Telecom, consolidating its monopolistic position in the country. Viettel currently holds a 37 per cent share of the mobile market in Vietnam.

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Taken from: Operator Profiles: Vietnam
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