Viettel wins mobile licence in Peru

31 Jan 2011

The Wall Street Journal is reporting that Vietnamese military-run mobile network operator Viettel has won Peru’s fourth mobile operator licence, citing an announcement from the investment agency ProInversion. The company reportedly plans to invest around USD27 million in the new 1900MHz network and begin operations in the first half of this year.

Viettel will be entering a competitive market where established trio Claro, Movistar, and Nextel del Peru together share 22.5 million subscribers (as at the end of September 2010). Viettel has an eclectic approach towards international expansion, having secured licences in Haiti and Mozambique in 2010, adding to earlier acquisitions in Cambodia and Laos.

Peru, Viettel Telecom