• Burmese
Saturday, July 19, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
30 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Asia

Vietnam’s Viettel Seeks to Double Myanmar Customer Base—CEO

Reuters by Reuters
January 7, 2019
in Asia
Reading Time: 2 mins read
0 0
A A
Customers wait in line inside a Mytel shop in Yangon on June 13. 2018. / Htet Wai / The Irrawaddy

Customers wait in line inside a Mytel shop in Yangon on June 13. 2018. / Htet Wai / The Irrawaddy

6.3k
VIEWS
Share on FacebookShare on Twitter

HANOI—Vietnam’s largest telecommunication company, Viettel, is seeking to double its five million subscribers in Myanmar by the end of the year, its president and chief executive officer Le Dang Dung told Reuters an in interview on Friday.

Viettel, whose $1.22 billion unit Viettel Global Investment is trading on the Unlisted Public Company Market, has also shown interest in investing in North Korea and Cuba.

“The growth seen in Myanmar is rare in the telecom market,” Dung told Reuters at his office in Hanoi. “We still have room to grow there”.

RelatedPosts

US Sanctions Myanmar Junta’s Telecom Firm for Spying

US Sanctions Myanmar Junta’s Telecom Firm for Spying

January 10, 2025
2.1k
Signal Down: Junta Blocks Last Secure Communication Channel in Myanmar

Signal Down: Junta Blocks Last Secure Communication Channel in Myanmar

July 23, 2024
4.6k
Petition Calls on Norway to Block Telenor Myanmar Sale to Junta-Linked Firm

Petition Calls on Norway to Block Telenor Myanmar Sale to Junta-Linked Firm

February 11, 2022
3.9k

Myanmar, where Viettel and its local partners launched a $1.5 billion 4G network in June last year has emerged as one of the most promising markets for the company, Dung said.

The Mytel network, jointly developed by Myanmar National Holding Public Ltd and Star High Public Co Ltd, has amassed around five million subscribers, a figure which Dung said he expects to double by the end of this year.

Viettel is also in talks to buy stakes in existing telecommunication firms in Malaysia and Indonesia, Dung said, without giving further details due to the sensitivity of the deals.

The company will be the first to develop a 5G network in Vietnam, Dung said, in anticipation of rapid development of data services.

He said Viettel had earmarked $40 million for the development of its own 5G chipset, but was also considering using technology from Ericsson and Nokia.

The military-run firm, formally known as Viettel Group, has around 60 million subscribers in Vietnam and over 30 million users across 10 other countries – predominantly in Asia and Africa.

The company is also in talks to buy a 20 percent stake in a European mobile carrier, Dung said, without elaborating.

Dung said Viettel plans to stop expanding its investment in the African market, however, where the company has struggled to make a profit due to poor economic growth.

Closer to home, Viettel is looking to invest in North Korea, said Dung, where Koryolink—a joint venture between the North Korean state and Egypt’s Orascom Investment Holdings—has amassed millions of subscribers since its 2008 launch.

“We first sought permission from North Korea to build a mobile network there in 2010,” he said. “But we’re still waiting for sanctions to be lifted and for the country to open its market to foreign investors.”

Your Thoughts …
Tags: Telecommunications
Reuters

Reuters

...

Similar Picks:

Signal Down: Junta Blocks Last Secure Communication Channel in Myanmar
Burma

Signal Down: Junta Blocks Last Secure Communication Channel in Myanmar

by Mi Ei Thinzar Myint
July 23, 2024
4.6k

Move against encrypted app follows ban on VPNs as regime seeks to strangle information flows and resistance coordination.  

Read moreDetails
US Sanctions Myanmar Junta’s Telecom Firm for Spying
Burma

US Sanctions Myanmar Junta’s Telecom Firm for Spying

by The Irrawaddy
January 10, 2025
2.1k

Mytel enables Min Aung Hlaing's regime to abuse human rights by tracking and identifying individuals and groups, including its own...

Read moreDetails
A Telenor sales office in Yangon / The Irrawaddy
Burma

Junta Cronies Eye Telenor’s Myanmar Business

by The Irrawaddy
November 11, 2021
8.5k

The regime reportedly prefers that a local firm or consortium buy all or part of the Norwegian-owned telecom company, over...

Read moreDetails
A 5G network demonstration at Myanmar Plaza, Yangon, on Sept. 25. / The Irrawaddy
Burma

Ooredoo Myanmar and China’s ZTE Showcase 5G Technology

by The Irrawaddy
September 26, 2019
8.1k

Ooredoo shows off speedy internet and drone video stream at 5G demonstration in Yangon. 

Read moreDetails
People drive past a stupa in Mrauk-U Township, Rakhine State. / Min Aung Khine / The Irrawaddy
Burma

No Internet in Western Myanmar until Security Situation Eases: MPT Official

by Htet Naing Zaw
June 24, 2019
6.3k

Services will be resumed in N. Rakhine, Chin’s Paletwa Township when stability returns, operator’s chief engineer says.

Read moreDetails
Petition Calls on Norway to Block Telenor Myanmar Sale to Junta-Linked Firm
Burma

Petition Calls on Norway to Block Telenor Myanmar Sale to Junta-Linked Firm

by The Irrawaddy
February 11, 2022
3.9k

Campaigners say the sale of the telecoms network will hand the regime more than 18 million users’ data to the...

Read moreDetails
Load More
Next Post
China's Foreign Minister Wang Yi delivers a speech at an international forum on the "Belt and Road" Legal Cooperation in Beijing, China on July 2, 2018. / REUTERS

Southeast Asia Wary of China's Belt and Road Project, Skeptical of US—Survey

A man rides his bicycle in front of the India Gate shrouded in smog in New Delhi, India on December 26, 2018. / REUTERS

Rain Clears Smog in Indian Capital Yet Air Quality ‘Very Poor’

No Result
View All Result

Recommended

What the ‘Snake Charmer’ Analogy Gets Wrong About Myanmar

What the ‘Snake Charmer’ Analogy Gets Wrong About Myanmar

4 days ago
1.5k
Chinese Investment Reshapes Myanmar’s N. Shan as MNDAA Consolidates Power

Chinese Investment Reshapes Myanmar’s N. Shan as MNDAA Consolidates Power

1 week ago
3.5k

Most Read

  • Myanmar Junta Airstrikes Protecting Irrawaddy Flotilla Kill 20

    Myanmar Junta Airstrikes Protecting Irrawaddy Flotilla Kill 20

    shares
    Share 0 Tweet 0
  • More Than 20,000 Displaced As Myanmar Junta Burns Homes Around World Heritage Site

    shares
    Share 0 Tweet 0
  • Myanmar Junta Using Conscripts as Cannon Fodder, Defectors Say

    shares
    Share 0 Tweet 0
  • Myanmar Crisis Spells Opportunity for U.S.-India Cooperation

    shares
    Share 0 Tweet 0
  • Indian Top Brass Visit Myanmar After Cross-Border Drone Attack

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.