Viettel successfully auctions 'diamond' spectrum for 5G

The price Viettel offers is 1,995,613,000,000 VND, which is equivalent to the average price in the world.

This is the fourth time Viettel has participated in the 700MHz frequency band auction. Owning this frequency block is of special importance to Viettel because it is the perfect piece to help Viettel expand its coverage to 99% of the population by 2030. With its long-distance transmission and good penetration characteristics, the B2 - B2' frequency block of the 700MHz band not only helps to cover widely and effectively rural areas, mountainous areas, remote areas, and national highways, but is also suitable for bringing telecommunication waves into high-rise buildings and hard-to-reach locations in urban areas.

On the B2 – B2' frequency block of the 700MHz band, Viettel will deploy 4G/5G mobile broadband Internet access services, providing high speed and low latency.

According to technical research, the coverage radius on this frequency block is 1.8 times that of the 1,800 MHz band, helping Viettel optimize deployment costs many times over, saving thousands of billions compared to using current frequency bands when handling difficult-to-cover areas, while improving and enhancing user experience. This is the frequency block planned by the Ministry of Science and Technology to deploy mobile information systems according to the IMT-Advanced (4G) standard and subsequent versions.

Major General Tao Duc Thang - Chairman and General Director of Viettel Group shared: "Owning the B2 - B2' frequency block of the 700MHz band in this auction is extremely important and timely for Viettel to realize Resolution 57 of the Politburo , aiming to build a high-speed, safe, reliable digital infrastructure platform, connecting people, authorities, businesses, accelerating the application of digital technologies in all aspects of social life, from urban to rural areas".

On the B2 – B2' frequency block of the 700MHz band, Viettel will deploy 4G/5G mobile broadband Internet access services, providing high speed and low latency, serving entertainment, remote working, and online learning, IoT (Internet of Things) services, supporting platforms and applications such as smart cities, smart agriculture, and smart traffic management...

Viettel will focus all resources to immediately deploy the construction of new integrated frequency infrastructure, aiming for the best 5G network with over 20,000 broadcasting stations before December 31, 2025.

Duc Hiep

Source: https://doanhnghiepvn.vn/kinh-te/viettel-dau-gia-thanh-cong-bang-tan-kim-cuong-cho-5g/20250521055459933