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#Viettel

Every story tagged #Viettel on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

58 stories in this topic

viettel2
Telecom
1 min read

Viettel Begins Construction of Vietnam’s Largest Data Center

Viettel has started building a new data center campus in Ho Chi Minh City, Vietnam. This will be Viettel’s largest data center yet, boasting a capacity of 140 MW and around 10,000 racks. The facility will cover approximately 40,000 sqm (430,555 sq. ft.) on a…

fiber optic
Telecom
1 min read

Nokia to Equip Viettel with Optical Transport Solution

This initiative aims to meet the increasing demand for 5G, Data Center Interconnect (DCI), and cross-border connectivity. The collaboration follows a successful trial during which Nokia’s PSE-6s achieved a record transmission speed of 1.2 Tbps per wavelength…

viettel
Telecom
1 min read

Vietnam launches commercial 5G services

Vietnam’s first commercial 5G services were launched in all localities Tuesday morning by military-owned telecom giant Viettel, with subscription starting at VND135,000 (US$5.4) a month. The company announced at the launching event that it has installed 6,500…

viettel
Telecom
1 min read

Viettel to gift 4G phones to 700,000 2G subscribers

State-owned telecom giant Viettel will spend VND300 billion (US$12.2 million) to gift 4G phones to 700,000 of its subscribers who still use 2G devices. The military-owned company announced Friday that the program, which aims to support a rapid switch to 4G…

anh chup man hinh 2022 03 16 luc 12 12 11
Telecom
1 min read

FPT Retail debuts mobile virtual network in Vietnam

Electronics retailer FPT Retail has unveiled its own mobile virtual network, marking it as the country’s fifth such network. Known for operating the FPT Shop chain and being a subsidiary of the tech giant FPT, FPT Retail does not have its own network…

viettel2
Telecom
1 min read

Viettel profits highest in 5 years

Military-owned telecommunications giant Viettel Group earned pre-tax profits of VND43.1 trillion ($1.8 billion) in 2022, the highest growth recorded since 2017. The profits rose 3% from 2021. The group’s consolidated revenues increased by 6.1% to VND163…

7 kk mvno 160
Telecom
1 min read

Mobile virtual network operators hold 1% market share

With over one million subscribers, the country’s three mobile virtual network operators, who piggyback on large telecom companies, have a market share of 1%. iTel, Reddi and Local do not have their own infrastructure or radio frequencies and instead pay to…

Mobile Payments Phone scaled
Finance
1 min read

Mobile money service attracts 2.2 mln users

The mobile money service, which allows users to deposit, withdraw, pay or transfer money on mobile devices, has signed up nearly 2.2 million subscribers in eight months. Of the customers, 69% are from rural and mountainous areas, according to the Ministry of…

viettel2
Electronics
2 min read

Viettel to produce chips amidst global shortage

Telecommunication giant Viettel has proposed that it produces chips to meet domestic demand and for export in addition to offering e-payment services. Leaders of the military-owned Viettel Group made the proposal at a Tuesday meeting with Prime Minister Pham…

6H
Telecom
2 min read

Vietnam to begin 6G technology research and development

Vietnam will start researching 6G wireless networks in 2022, says Information and Communications Minister Nguyen Manh Hung. Addressing a 2021 telecom review conference last weekend, Hung said Vietnam’s telecom industry should “be in the top group in terms of…

viettel2
Telecom
1 min read

Viettel to get new chairman

Colonel Tao Duc Thang is set to take over as chairman and CEO of military-owned telecom giant Viettel from Le Dang Dung, who retires on December 31. Thang, 48, who has been the deputy CEO since 2015, has an M.A. in electronics and communications and worked…