Business

Viettel enjoys fastest subscriber growth period in Q1

The Viettel Military Industry and Telecoms Group attracted an additional 1 million 4G subscribers in the first quarter of 2019, marking the fastest growth of the firm so far.
Viettel enjoys fastest subscriber growth period in Q1 ảnh 1Illustrative image (Source: Viettel)

Hanoi (VNA) – The Viettel Military Industry and TelecomsGroup attracted an additional 1 million 4G subscribers in the first quarter of2019, marking the fastest growth of the firm so far.

According to statistics released by the Ministry ofInformation and Communications in late 2018, Viettel has nearly 17 million 4Gsubscribers, 1.3 times higher than the combined number of the other mobiletelecommunications service suppliers in Vietnam.

The booming of 4G services and the rising data consumingtrend have helped Viettel earn 54.4 trillion VND (2.33 billion USD) in thefirst three months of this year, with consolidated profit of 10.1 trillion VND(434.3 million USD).

Viettel plans to continue improving the quality of its 4Gservice in the second quarter by raising the number of base stations to 50,000,while striving to raise connection speed by 1.5 times.

Viettel will also pilot 5G services in Hanoi from May.-VNA
VNA
#Viettel Military Industry and Telecoms Group #4G subscribers #Ministry of Information and Communications #5G services #Viettel #Vietnam #Vietnam news #Vietnam News Agency
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