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Viettel

company 1 Deal 1 Partner

Viettel is a Vietnamese state-owned telecommunications and technology conglomerate with a significant international presence. Its core strategy involves developing and operating extensive digital infrastructure, including mobile and fixed-line networks, data centers, and smart city solutions, both domestically and in emerging markets. Viettel also focuses on R&D and manufacturing of high-tech telecom equipment.

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Founded 1989 50,000 employees Parent: Ministry of National Defence, Vietnam
Telecommunications and Technology ConglomerateDeveloperOperatorEPC ContractorOEM/Equipment

Strategic Overview

  • Viettel's strategy heavily emphasizes international expansion, particularly in developing markets, by building and operating comprehensive telecommunications infrastructure.
  • The company is committed to technological self-reliance, investing significantly in R&D to develop its own 5G equipment and other high-tech solutions.
  • Beyond traditional telecom, Viettel is diversifying into digital transformation services, smart cities, IoT, and cloud computing, positioning itself as a comprehensive digital infrastructure provider.

Deal Activity from Public Sources

Launch of Mytel mobile network in Myanmar, a joint venture for nationwide telecommunications infrastructure development.
Development 4G/LTE Mobile Networks, Fiber Optic Networks Myanmar June 2018 with Myanmar National Telecom Holding Public Limited
Launch of Halotel mobile network in Tanzania, establishing a new telecommunications infrastructure.
Development 3G Mobile Networks, Fiber Optic Networks Tanzania October 2015
Launch of Bitel mobile network in Peru, expanding Viettel's telecommunications footprint into Latin America.
Development 3G Mobile Networks, Fiber Optic Networks Peru July 2014

Investment Focus

Technologies
Data Center1
Geography
Vietnam1

Key People

Tao Duc Thang
Chairman and General Director
Nguyen Dinh Chien
Deputy General Director
Hoang Minh Cuong
Deputy General Director

Track Record

35
Years Active
Notable projects: Development of 5G network infrastructure in Vietnam, Launch and operation of mobile networks in 10+ international markets (e.g., Mytel in Myanmar, Halotel in Tanzania, Bitel in Peru), Development of smart city solutions and IoT platforms

Detailed Analysis

Sectors
Digital/TelecomUtilities
Technologies
4G/LTE Mobile Networks5G Mobile NetworksFiber Optic NetworksData CenterCloud ComputingIoT PlatformsAICybersecurity
Geographies
VietnamLaosCambodiaMyanmarTimor-LesteTanzaniaMozambiqueCameroonBurundiHaiti
Deal Stage
GreenfieldOperating

Subsidiaries

Viettel TelecomViettel GlobalViettel PostViettel High TechViettel ConstructionViettel SolutionsMytel (Myanmar)Halotel (Tanzania)Lumitel (Burundi)Natcom (Haiti)Metfone (Cambodia)Unitel (Laos)Telemor (Timor-Leste)Nexttel (Cameroon)Movitel (Mozambique)Bitel (Peru)
Track Viettel