Viettel Construction was established in 1995 as the construction unit under the Military Electronics Electronics Group (Sigelco) - the predecessor of the Military Telecom Corporation. Since its inception, Viettel Construration has built telecommunications infrastructure for Viettel in both domestic and foreign markets such as Cambodia, Laos, Myanmar, Peru and Mozambique. Viettel Construction is the No. 1 unit in Vietnam in operating and operating telecommunications.
Currently, the infrastructure of Viettel Construction owns in big cities like Hanoi and Ho Chi Minh City. Ho Chi Minh City, Da Nang, Binh Duong, Thanh Hoa, ... The densely populated place and the increasing demand for mobile data consumption. In particular, customers using the BTS station of Viettel Construration typical such as Viettel Group, Vinaphone, Mobifone, Vietnammobile. About cable segment such as: Mobifone, FPT, CMC, Intercom, NetViet, SCTV, SPT, EVNICT, VNPT, ...
In addition to the domestic units, Viettel Construction now also manages the telecommunications access network of 5 Towerco in Myanmar such as NTD, MNTI, TIP, Fortune.
Infrastructure investment is currently the largest profit margin in the business fields of Viettel Construction. In the first 6 months of the year, the Corporation recorded a revenue of VND 141 billion, profit before tax reached VND 42.7 billion. The ratio of the current BTS stations is 1.03 (accumulated 83 positions). The Corporation aims to increase the shared ratio to 1.05 in 2022, expected to own 4,921 BTS stations.
Viettel Construction has built telecommunications infrastructure for Viettel Group since the late 1990s and inherited the telecommunications operation of Viettel Group in 2017. Viettel Construction's construction of 120,000 telecommunication stations in ten different countries And operating more than 35,000 telecommunications stations is the scale that only a few global Towerco companies have achieved.
The current investment cost of Viettel Construration is at least 10% lower than other MNOS and much lower than the telecommunications stations funded by financial investors. This advantage comes from extensive experience in the construction of telecommunications infrastructure, cost control activities, internal R&D capabilities allows technical initiatives to save costs such as self -design and self -assembly (wallet Example: Battery system, station structure and lighting bar, ...). Viettel Construction is currently standardizing and digitizing business activities, helping to increase the productivity of employees. Therefore, based on the outstanding cost of Viettel Construction, it allows the Corporation to provide competitive rental prices compared to other Towerco, attractive to MNOS.
In recent years, Towerco is a large -scale industry, expected to reach US $ 146 billion by 2025 with a growth rate of 5 times higher than the telecommunications industry, Asia is forecast to be the area with speed. Best growth. In fact, the demand for infrastructure from the towerco of the carriers is increasing, due to the increasing demand for data flow of users. When 5G technology explodes, the opportunity to invest in building new BTS stations will be further increased.
At the "5G Journey" event, Viettel Group announced that the 5G network deployment was in 16 provinces/cities nationwide. All use the most modern 5G network technology today, the maximum speed at the laboratory is 1.8Gbps. This opens a huge opportunity for Viettel Construction in investing in building more BTS stations in the long term.