Viettel Wins 240 MHz Spectrum to Enter Dominican Republic

Vietnam’s Viettel secured 240 MHz of spectrum in the Dominican Republic to deploy 4G and 5G networks across the Caribbean nation. The award expands the group’s overseas operations into an 11th foreign market after international revenue rose 23.9 per cent to USD 3.34 billion in 2025.

Telecommunications regulator INDOTEL approved the license transfer under Resolution No. 073-2026 on August 19, 2026. The 20-year allocation covers frequencies across the 700 MHz, 2.3 GHz, and 3.6 GHz bands, combining low-band reach for remote regions with mid-band capacity for high-density mobile broadband.

Terms of the Caribbean Concession

Viettel Global, the international investment arm of the Hanoi-based group, won the airwaves in a competitive tender. The company is setting up a local operating business to construct the physical network and run consumer and enterprise digital services.

Chairman and chief executive Tao Duc Thang said the group plans a long-term network build focused on modern infrastructure, with priority given to connecting underserved and rural communities across the country.

Exporting the Southeast Asian Playbook

The Caribbean venture follows an expansion strategy Viettel has used across Southeast Asia, Africa, and Latin America. The group operates across 10 overseas markets and holds the top mobile subscriber share in seven of them, sustaining nine straight years of double-digit international revenue growth.

Viettel has 90 days from the August 19 resolution to finalize and sign the concession agreement with INDOTEL before breaking ground on network infrastructure.