Viettel’s subsidiary Bitel in Peru wins international prize
In June, Bitel was named as the most favorite telecom service in Peru.
Bitel, a subsidiary company in Peru of Vietnam’s leading telco Viettel, has won the “Best New Telecom Product” at the 2019 International Business Awards – IBA Stevie Awards for its Ti5 package.
The Ti5 package offers Bitel’s subscribers the best experience through all-inclusive plans with high speed internet connection without having to pay extra costs.
After a year of implementation, revenue generated from the Ti5 package accounted for 50% of Bitel’s total revenue from pre-paid subscribers.
In the first six months of 2019, the number of Bitel’s 4G subscribers increased by 139%, while the company was named as the most favorite telecom carrier in Peru in June.
Viettel is currently one of the world's top 15 largest telecommunications companies with 100 million subscribers globally.
With an annual growth of 10-15% by 2020, Viettel set revenue target of VND350 trillion-VND400 trillion (US$15.4-US$17.6 billion), pre-tax profit of VND50-55 trillion (US$2.18 - US$2.4 billion) and becoming one of the top 10 telecom firms in the world.
Viettel currently is the only Vietnamese company earning revenue of over US$1 billion in overseas markets. It has some 43 million clients in foreign markets as of the end of 2017, up 15% year-on-year.
The telco is operating in 11 countries, including Vietnam, Cambodia, Laos, Timor East, Peru, Mozambique, Cameroon, Burundi, Tanzania, Myanmar and Haiti.
In 2018, Viettel targeted a positive profit in overseas investments with a growth rate of 32% compared to tthat in 2017, while expanding its customer base in foreign markets to 50 million.
Illustrative photo.
|
After a year of implementation, revenue generated from the Ti5 package accounted for 50% of Bitel’s total revenue from pre-paid subscribers.
In the first six months of 2019, the number of Bitel’s 4G subscribers increased by 139%, while the company was named as the most favorite telecom carrier in Peru in June.
Viettel is currently one of the world's top 15 largest telecommunications companies with 100 million subscribers globally.
With an annual growth of 10-15% by 2020, Viettel set revenue target of VND350 trillion-VND400 trillion (US$15.4-US$17.6 billion), pre-tax profit of VND50-55 trillion (US$2.18 - US$2.4 billion) and becoming one of the top 10 telecom firms in the world.
Viettel currently is the only Vietnamese company earning revenue of over US$1 billion in overseas markets. It has some 43 million clients in foreign markets as of the end of 2017, up 15% year-on-year.
The telco is operating in 11 countries, including Vietnam, Cambodia, Laos, Timor East, Peru, Mozambique, Cameroon, Burundi, Tanzania, Myanmar and Haiti.
In 2018, Viettel targeted a positive profit in overseas investments with a growth rate of 32% compared to tthat in 2017, while expanding its customer base in foreign markets to 50 million.
17:16, 2024/04/29
Expectations for Vietnam’s real estate market to flourish
The Government, ministries, and businesses are urged to implement solutions to solve existing major issues hampering the development of the real estate market.
08:57, 2024/04/29
Training: key to enhancing competitiveness of Vietnam's tourism workforce
The tourism industry of Vietnam is currently enjoying strong recovery and growth, but faces many challenges, including a lack of skilled manpower.
20:19, 2024/04/28
Cooperation and investment: key to effective tourism promotion in Vietnam
The tourism industry has developed action programs and organized promotional and advertising activities for the coming period.
20:31, 2024/04/24
IT training urged to focus on semiconductors
With an abundant labor supply and a skilled workforce, human resources are Vietnam's greatest and most prominent advantage over other countries.
18:27, 2024/04/21
Hanoi Great Souvenir Fair 2024 to take place next week
Thousands of local and international tourists and business visitors will be in attendance.
18:24, 2024/04/21
As orders rise, Vietnamese textile firms see better prospects in 2024
In the face of unpredictable volatility, Vietnam's companies are investing in technology, innovation and production to meet the targets they have set themselves, whilst keeping a close eye on market trends.
- C.bank to auction nearly 17,000 gold taels on April 22
- Trade ministry proposes purchasing renewable electricity mechanisms without EVN’s involvement
- Australia and Vietnam develop competitive electricity markets
- Vietnam, Thailand advance realization of “Three Connections” strategy
- Vietnamese Gov’t to expand list of electricity buyers under direct power agreement scheme
- Viettel opens largest data center in Vietnam to support AI development