Services
The report shows that Viettel Global’s sales and service revenues reached VND 7,907 billion, up 22% compared to the first quarter of 2023. This is an impressive growth rate for a telecommunications company in the context that the world is nearly saturated with this service.
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In the first quarter, all 9 markets grew, including 5 markets with double-digit growth such as Lumitel in Burundi (29%), Unitel in Laos (24%), Movitel in Mozambique (22%), Natcom in Haiti (18%), Metfone in Cambodia (13%).
With the positive revenue growth, Viettel Global’s consolidated profit after tax in the first quarter of 2024 reached VND 1,633 billion, up 175% compared to the same period in 2023.
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According to the 2023 Annual Report announced by the company on April 19, in 2024, Viettel Global aims to maintain a double-digit growth rate, in which traditional telecommunications growth is> 10%, non-telecommunications services grow from 20-30%. To expand the growth source, Asian markets focus on developing IT infrastructure, Data center, Cloud, Big data. African and American markets focus on developing new digital services based on the 4G platform and broadband internet services, ready for 5G to meet the increasing demands of users.
