Viettel launches 4G in East Timor
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Vietnam’s Viettel has launched 4G services in East Timor through its subsidiary in the market Telemor.
The launch in East Timor marks the Viettel group’s sixth 4G launch outside Vietnam, and follows launches in Burundi, Cambodia, Haiti, Laos, and Peru.
Viettel first entered East Timor in 2013, investing $15 million to deploy a mobile network covering 95% of the population within a year. The company was able to achieve profitability within ix months, generating $17 million in revenue and $4 million in profit in its first year.
The company has now captured a roughly 47% share of the market, making it the incumbent operator in the market, ahead of competitors Timor Telecom and Telkomcel.
According to the report, Viettel increased its revenue in East Timor by 29% year-on-year during the first half of 2017 and attracted 42% more new subscribers than anticipated.
Questions & Answers
Q.What proportion of the East Timor market does Telemor now control?
What proportion of the East Timor market does Telemor now control?
Telemor has captured approximately 47% of the East Timor market. This makes it the leading operator in the country, ahead of its competitors Timor Telecom and Telkomcel, establishing it as the incumbent.
Q.When did Viettel first begin operations in East Timor?
When did Viettel first begin operations in East Timor?
Viettel first entered the East Timor market in 2013. The company initially invested $15 million to establish a mobile network, which aimed to cover 95% of the population within one year of its deployment.
Q.How quickly did Telemor become profitable after its launch?
How quickly did Telemor become profitable after its launch?
Telemor achieved profitability within six months of its launch. In its first year, the company generated $17 million in revenue and recorded a profit of $4 million, demonstrating a rapid return on investment.
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