As the fourth network in the Myanmar market, Mytel aims to be the largest operator in both infrastructure and business. It is the first and only mobile network in Myanmar to be equipped with nationwide, state-of-the-art, 4G technology, immediately following its launch.
Speaking at the ceremony, Senior General Min Aung Hlaing, commander-in-chief of the Myanmar Armed Forces, said that the event is a milestone in the history of Myanmar, and also a milestone in the relationship and cooperation between Vietnam and Myanmar in the field of ICT. He expressed his belief that the Mytel joint venture would continue to succeed and contribute to the development of telecommunications and high quality human resources for Myanmar.
In addition to its business operations, Mytel expects to spend US$80 million over 15 years for social responsibility projects in Myanmar, of which 80% will be allocated to support the education sector.
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Myanmar people register for Mytel network. (Photo: qdnd.vn)
According to Nguyen Thanh Nam, General Director of Mytel, his network’s goal is to create a real information highway with extensive 4G infrastructure in order to empower local people and the country of Myanmar in the Industrial Revolution 4.0. As has been deployed in other international markets, Viettel has set the top target of becoming No. 1 in mobile broadband, thus significantly improving the world rankings of the telecommunications infrastructure in the country in which they are investing, Nam added.
Among the ten international markets where Viettel has run business, Myanmar is the country with the fastest deployment of telecommunications infrastructure and is the biggest foreign market of Viettel up to now.
To date, Viettel's registered capital in foreign countries has reached over US$2 billion, with profit at US$516 million, or nearly 45% of the total investment.
