Illustrative image (Photo: Viettel Global)

Hanoi (VNA) – Viettel Global, a subsidiary of the military-run telecommunication group Viettel, aims to develop one or two new markets and attract 8.35 million new customers in 2016, raising its total subscribers in foreign markets to 25 million.

The targets were set at a recent Viettel Global Investment Joint Stock Company shareholders’ meeting.

This year, the company hopes for total revenue of nearly 1.5 billion USD in eight markets (excluding Peru and Vietnam), representing a growth of 12.4 percent and combined pre-tax profits of 51.4 million USD, equivalent to 90 percent of the 2015 figure.

It will also invest in building infrastructure in Myanmar, where it will take part in a joint venture with two local companies to deliver telecom services.

Viettel now operates in Vietnam and other nine countries in Asia, Africa and South America with 85 million clients. It earned 1.4 billion USD in revenue in foreign markets in 2015. In Tanzania, its brand Halotel attracted 1 million users in only three months of operation.-VNA