Military-run Viettel Group on May 15 officially opened its Movitel mobile phone network in Mozambique, its major investment in Africa. With the $400 million investment, Viettel now has a presence in Asia, Africa and America. This network, according to company’s statement, represents 70 per cent of Mozambique’s fiber optic cable network and 50 per cent of the country’s mobile stations. The system... 

Aiming to become one of the world’s top ten telecom companies with the largest overseas investment by 2015, Viettel has since 2008 launched a series of projects in other countries with committed capital worth hundreds of millions of USD. Talking about this adventurous move, Nguyen Manh Hung, Vice Director General of the military telecom company, said “voluntarily venturing into difficult circumstances...