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Who is Viettel, the Vietnamese giant entering the Dominican Republic?
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic /Economy & Trade

Who is Viettel, the Vietnamese giant entering the Dominican Republic?

From Diario Libre · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Viettel, a Vietnamese state-owned conglomerate managed by the Ministry of Defense, is preparing to enter the Dominican Republic's telecommunications market.
  • The company's operations extend beyond mobile services to include 5G, cloud computing, cybersecurity, and defense industry projects.
  • Viettel's unique structure as both a commercial operator and a military-linked entity distinguishes it in the global telecommunications landscape.

Viettel, a major Vietnamese state-owned technology conglomerate, is poised to become a new competitor in the Dominican Republic's telecommunications sector. This company is not a typical phone provider; it is administered by Vietnam's Ministry of Defense. Its full name is the Military Industry and Telecoms Group, and its business interests span far beyond basic mobile services. Viettel is actively involved in telecommunications, fiber optics, 5G networks, digital services, data centers, cloud computing, cybersecurity, electronic payments, equipment manufacturing, semiconductors, and projects related to the defense industry. This dual identity, operating as both a commercial entity and a firm connected to the armed forces, sets Viettel apart from many international telecommunications competitors. The company has already secured spectrum to enter the Dominican market, signaling its serious intentions.

DistantNews Editorial

Originally published by Diario Libre in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.