Vietnam’s largest mobile network operator, Viettel, will invest about US$300 million in the telecome market in the Republic of Haiti, with its survey work entering the final stage.
Tong Viet Trung, Deputy General Director of Viettel, said that the capital will be spent on building mobile network infrastructure and improving the fixed line network in Haiti
Work on the mobile network infrastructure is scheduled to start in October with over 1,000 base transmission stations to be built so that mobile phone services can be launched in the first quarter of 2011.
According to Viettel, the Haitian telecom market is promising because there are currently only two mobile telecom providers in this country.
Earlier, Viettel signed a deal to buy 60 percent of shares of Telecom Company in Haiti worth US$99 million. Under this agreement, Viettel will be allowed to provide services in wireless fixed telephone, international sea optical cables, WiMAX wireless bandwidth and mobile phone.
Besides Laos, Cambodia and Haiti, Viettel is expanding investment in many countries of Asia, Africa and Latin America, focusing on mobile telecom and Internet broadband services which are Viettel’s strength.
In another development, Metfone, the Cambodia-based affiliate of the military-run Viettel Corporation, has been honoured as the most promising service provider of the year by the international business research and consulting firm Frost & Sullivan.
The prize, included in the Frost & Sullivan Asia -Pacific ICT Award, reflects the international recognisation of Viettel’s development in the newly emerging market.
VOV News
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