Viettel targets to attract 10 million more 4G subscribers in Vietnam

The Military Industry-Telecoms Group (Viettel) has set a goal of attracting an additional 10 million 4G subscribers in Vietnam this year, up to 62 percent compared to 43.5 percent last year.
Viettel targets to attract 10 million more 4G subscribers in Vietnam ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - The Military Industry-Telecoms Group (Viettel) hasset a goal of attracting an additional 10 million 4G subscribers in Vietnamthis year, up to 62 percent compared to 43.5 percent last year.

To realise that goal, Viettel has cooperated with other suppliers to distribute4G smartphones at prices lower than 1.5 million VND each and 4G feature phonesat a price of 400,000 VND each.

The group will also install more than new 2,400 4G BTS and cover some 3,700weak signal areas to enable its customers to better experience 4G services.

Last year, the group achieved a growth rate of 6.4 percent and its overseasinvestment in telecoms rose by 24.4 percent.

In domestic telecoms, Viettel’s key growth motivation in 2019 is the turnoverrecorded from data service. Data service is expected to continue playing a keyrole in helping the group achieve growth in telecoms this year because datausage in Vietnam is still lower than that in the region. On average, a customerin Vietnam uses 5-7G of data a month while those in Laos or Cambodia use 12-15Gper customer a month.

This year, Viettel aims to increase its profit in domestic telecoms by 4.3percent against last year. This target is challenging because the telecomsmarket has reached a saturation point, where the telecoms sector’s profit isflat or falls.

The group also targets to become the leading company in Vietnam in terms offiber optic internet revenue this year with the fixed service turnover risingby 23.2 percent./.
VNA

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