Viettel to invest US$1.5billion in Myanmar
Viettel to invest US$1.5billion in Myanmar
The Government has issued Vietnam’s military-controlled telecommunications company the Viettel Group (Viettel) a licence to develop a telecommunication network across Myanmar. Viettel has announced that it will spend approximately US$1.5 billion to establish a 3G network between 900 MHz – 2100 MHz and expects to achieve 95% coverage in three years. Viettel will also supply a 4G service if it is granted an additional licence from the Government by the end of 2016. Viettel will develop network in cooperation with Myanmar National Holding Public Limited and Star High Public Company Limited. Read more