Viettel's breakthroughs after 5 years of doing business in Myanmar

09/06/2023 16:53

Mytel became the number one telecommunications provider after 3 years of operation, covering 92% of Myanmar's territory. With over 13 million customers, Mytel is the largest mobile network operator, with cumulative revenue over 5 years exceeding $2.2 billion.

Celebrating 5 years of business in Myanmar, Mytel - Viettel Group's brand in Myanmar, has made its mark as the leading network operator in terms of market share and service quality in this country. Mytel's total cumulative revenue in 5 years reached more than 2.2 billion USD, making it the market with the highest service revenue in 2022 for Viettel.

Viettel's breakthroughs after 5 years of doing business in Myanmar (image 1)

Mytel's coverage has reached 92% of Myanmar's territory.

Currently, Mytel leads the mobile service market with 13 million customers. Covering nearly 90% of the population, Mytel is also the network operator with the largest and best 4G coverage in Myanmar. Mytel has helped increase the proportion of high-speed mobile users in Myanmar from 16% to 88%; at a cost 40% lower than before.

Along with its efforts to expand telecommunications coverage, Mytel has built a comprehensive digital ecosystem, encompassing digital infrastructure, digital finance, digital content, digital solutions, and cybersecurity. Among these, the MyID SuperApp is the largest in Myanmar with 24 million users, representing nearly half of Myanmar's population. The MytelPay e-wallet has helped increase the rate of digital payments from 3.6% (2019) to 10% (2023). Currently, MytelPay has 3 million users generating monthly transactions.

Viettel's breakthroughs after 5 years of doing business in Myanmar (image 2)

Mytel has helped reduce telecommunication costs for people in Myanmar by 40% compared to before.

Mytel has also contributed more than 6 million USD to social activities. Mytel has sponsored fiber optic internet for more than 630 schools. The Empower My Children Fund was established by Mytel with the desire to bring a healthy life to disadvantaged children in Myanmar. The Fund supports 100% of the cost of surgery for children with congenital heart disease and supports part of the cost for children with Down syndrome.

“Entering the 6th year of doing business in Myanmar, Mytel will continue to support people through investment in the technology sector so that each family and business here can develop sustainably, for the benefit of the people and country of Myanmar,” affirmed Mytel General Director Nguyen Tien Dung.

Viettel's breakthroughs after 5 years of doing business in Myanmar (image 3)

Mytel is the first mobile network operator to launch 5G technology in Myanmar.

Myanmar is the 10th market, and is the largest market with the largest population among all the markets that Viettel has invested in. After only 1 year of infrastructure development, Mytel became the first mobile network to cover 4G nationwide in Myanmar, contributing to upgrading Myanmar's telecommunications infrastructure.

With 4G technology, Mytel provides a digital ecosystem ranging from VAS services to IT solutions, helping to transform Myanmar into a digital nation. In August 2019, Mytel became the first mobile operator to launch 5G technology in Myanmar.

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