Accordingly, the group will collaborate with other mobile network operators to distribute 4G smartphones at a cost of VND 1.5 million per unit and 4G feature phones at a price of VND 400,000 per unit.

(Photo for illustration)

In addition, Viettel will add more than 2,400 4G base transceiver stations (BTS) to improve customers’ 4G service. It also aims to increase 4G subscribers in Vietnam by 10 million, increasing the 4G user rate from 43.5 percent to 62 percent this year.

The group’s domestic telecoms growth rate reached 6.4 percent last year, nearly twice the world average, while foreign investment rose to 24.4 percent, six times higher than the world average. Reportedly, its major engine of domestic growth last year was from the revenue of data service. Notably, the group was honored as the Vietnam Mobile Data Service Provider of the Year – 2019 by the Frost & Sullivan, a global research and consulting firm world-renowned for market intelligence, insight and advisory services to drive growth.

As expected, this year, Viettel’s data service will continue growing as the sector has much potential in terms of users and databases. Particularly, in Laos and Cambodia, each customer currently uses 12GB to 15GB data per month while the figure in Vietnam is from 5GB to 7GB.

This year the group plans to reach an increase of 4.3 percent in revenue from the telecom service in comparison with last year. In addition, it also aims to become the No.1 Company in Vietnam in terms of fiber optical cable internet revenue this year, with landline service revenue growing by 23.2 percent.

Last year, the group became the first network operator in Vietnam to deploy the fifth generation (5G) mobile service, the Internet of Things and other digital platforms.

In January 2020, Viettel successfully performed a video call using its self-made gear on its 5G mobile network. As planned, the group will begin its 5G Microcell commercialization in June 2020 and complete the process by June 2021.

Translated by Trung Thanh