Business

Metfone gains firm foothold in Cambodia after 14 years

The Viettel (Cambodia) Pte. Ltd (Metfone), an affiliate of Vietnam’s Viettel Group in Cambodia, marked its 14th founding anniversary on February 19.
Metfone gains firm foothold in Cambodia after 14 years ảnh 1Illustrative image (Photo: VNA)
Phnom Penh (VNA) – The Viettel (Cambodia) Pte.Ltd (Metfone), an affiliate of Vietnam’s Viettel Groupin Cambodia, marked its 14th founding anniversary on February 19.  

Metfone General Director Cao Manh Duc said to survive in amarket with increasing competition and meet customers’ growing demand, thecompany has focused on developing high-quality manpower, applying scientificand technical advances to its operations, and gradually building up its brandand reputation, which have formed the foundationfor it to develop strongly in the future.

Despite saturation on the global telecoms market, Metfone hassustained revenue and profit growth. It has been valued at 1 billion USD and is one of the five enterprises paying the most in taxes to the CambodianGovernment, he noted.

Over the last 14 years, it has also contributed substantiallyto local social development in various aspects, Duc said, elaborating that ithas expanded telecoms services, helping turn Cambodia into one of the countries with the largest coverage and fastest speeds of 4G in Southeast Asia. The company has createdjobs for nearly 3,000 direct workers and over 30,000 indirect ones with incomeshigher than the average in Cambodia.

Metfone has also regularly taken part in charitable activities, and has donated over 100 million USD in total to community supporting programmes in Cambodiaso far, he went on.

The company has taken the lead in cooperating with theCambodian Government, ministries, and sectors to carry out digital transformation.It has entered partnerships in digital transformation with almost allministries of the country, including particularly important projects of theMinistry of Health and the Ministry of Education, Youth and Sports.

Its education ecosystem has covered over 300 schools acrossCambodia, with more than 450,000 students benefiting from a digital learningenvironment. Meanwhile, its eMoney service is currently the biggest e-walletservice in the country with over 800,000 frequent users, according to the executive.

Thanks to its outstanding business results and contributionsto society, Metfone has been honoured with many international awards. In 2022,it was accredited as the best internet serviceprovider in Cambodia in 2022 by the UK-based magazine Global Business Outlook./.
VNA
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