Business

Telecom revenue tops 5.62 billion VND in 2020

The revenue of Vietnamese network operators reached more than 130 trillion VND (5.62 billion USD) in 2020, up 0.3 percent year-on-year, according to the statistics from Ministry of Information and Communication.
Telecom revenue tops 5.62 billion VND in 2020 ảnh 15G network will be commercialised in 2021. (Photo: VNA)

Hanoi (VNA) - The revenue of Vietnamese network operators reachedmore than 130 trillion VND (5.62 billion USD) in 2020, up 0.3 percentyear-on-year, according to the statistics from Ministry of Information and Communication.

During 2016-2020, thenumber of broadband internet subscribers increased average 15 percent per year,while that of mobile broadband subscribers surged 22 percent per year.

Todate, more than 1 million kilometres of fibre cable has been laid, providinginternet services to all villages, communes and wards nationwide. Meanwhile, over98 percent of the population has access to 3G and 4G coverage.

Vietnam has officially mastered 5G network after the first video call using a5G connection on a gNodeB transceiver was made on January 17 last year.

The ministry licensed internet provider such as Viettel, MobiFone and Vinaphoneto commercialise 5G service. From November, telecommunications businessespiloted 5G network before commercialising the network this year.

Since implementation of 5G network is important to promote the building ofe-Government, the ministry submitted to the Government a decree on charging theuse of radio frequency, auctioning and transferring the right to use radiofrequency, and developing frequency planning to get ready for 5Gimplementation./.
VNA
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