Viettel on course to achieve overseas sales target of $1.5b
Viettel Group’s is likely to achieve its ex-Việt Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets. Laos and Cambodia are considered the two best and steadiest international markets for Viettel. Unitel, Viettel’s Lao company, has achieved cumulative revenues of $1 billion in seven years since it entered the market and profits of $300 million. It has 2.5 million subscribers, and a 47 per cent market share in mobile subscriptions and 35 per cent in broadband. With 4,000 base transceiver stations and 23,000km of fibre-optic cable, Unitel has covered every district in Laos and 95 per cent of the population. Since June 2015 Unitel has been providing 4G services. According to the London-based Brand Finance, an independent intangible asset valuation consultancy, in 2016 Unitel is the most effective telecommunications brand name in ASEAN.
