A Viettel office in Ho Chi Minh City, Vietnam, is seen in a picture uploaded on Oct 12, 2012. (Photo by TuanUt [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons)HANOI: Vietnam's military-run telecommunication company Viettel Group and its partners will launch the first 4G mobile network in Myanmar next month to cash in on the Southeast Asian country's fast-growing economy, the Vietnamese government said on Monday. The Mytel network, jointly developed by Viettel, Myanmar National Holding Public Ltd and Star High Public Co Ltd, aims to have at least 2 million-3 million subscribers by this year-end, the government said in a statement. Mytel, which is worth $1.5 billion, will be the first 4G mobile phone network and the fourth telecom operator in Myanmar, the government said. Vietnam's largest mobile carrier by subscription - Viettel - has already invested in 10 countries across Asia, Africa and America, and has 43 million subscribers overseas, as of end-2017.

Source: Bangkok Post May 28, 2018 07:18 UTC