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HANOI<\/a>: Vietnamese telecommunication company Viettel<\/a> has set its sights on the Philippines as the next destination in its overseas expansion drive, the company said on Thursday, as the archipelago's economy clears the way for the entry of a third operator.
Fixing the Philippines' notoriously patchy and expensive telecom services was a campaign promise of populist President Rodrigo Duterte, who had said late last year that a third player would join the market and end the duopoly of PLDT Inc and Globe Telecom Inc, which have a combined market capital of about $10.7 billion.
\"Viettel is interested in the third license on telecommunications in this market,\" the military-run Viettel Group, Vietnam<\/a>'s largest mobile carrier by subscription numbers, told Reuters in an emailed statement.
\"Viettel will thoroughly consider participating in case the conditions of the bidding documents are in line with the strategy of Viettel.\"
The Philippines' Department of Information and Communications Technology<\/a> (ICT) issued draft rules this month on the entry of a third player, which require foreigners to team up with local partners holding congressional franchises.
Foreign ownership of a telecom firm in the Philippines is capped at 40 percent, although Eliseo Rio, the acting ICT head, told Reuters in a recent interview that moves were underway to change that, so foreigners can raise their stakes later on.
The Philippines has one of the world's largest rates of average daily social media usage, yet insufficient infrastructure means its 105 million people suffer frequent dropped calls, weak signals and intermittent data.
Viettel has already invested in 10 countries across Asia, Africa and America, and had 43 million subscribers overseas, as of end-2017.
Last month, a Viettel official said the company was also eyeing opportunities in Ethiopia after the government there announced its intention to liberalise key economic sectors including telecommunications.
In June, Viettel and its local partners launched a $1.5 billion 4G network in Myanmar, making them the fourth telecom operator in the country.
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河内:越南电信公司Viettel将目光投向菲律宾作为其海外扩张的下一个目的地,该公司周四表示,随着群岛的经济扫清了道路第三个操作符的输入。
解决菲律宾的臭名昭著的不完整的和昂贵的电信服务是民粹主义总统的竞选承诺罗德里戈Duterte,去年曾表示,第三个球员将加入市场,原公司的垄断和全球电信公司的市场资本总额约为107亿美元。
“Viettel感兴趣的是第三个许可电信在这个市场上,“Viettel军事化,越南最大的移动运营商通过订阅数字,在一份电邮声明中告诉路透。
“Viettel将充分考虑参与招标文件的条件符合Viettel战略。”
菲律宾的部门信息和通信技术(ICT)本月发布了草案的进入第三个球员,需要外国人与当地合作伙伴举行国会特许经营权。
电信公司在菲律宾的外资所有权限制在40%,尽管击中的力拓,代理ICT的头,在最近的一次采访中对路透表示,正在改变,移动,所以外国人可以提高他们的股份。
菲律宾有一个世界上最大的社交媒体每日平均使用率,但基础设施意味着它的不足1.05亿人遭受频繁的通话中断,弱信号和间歇数据。
Viettel已经投资了10个国家在亚洲,非洲和美国,和海外有4300万注册用户,截止到2017年年底。
Viettel官员上月表示,该公司也盯上后机会在埃塞俄比亚政府宣布放开关键经济部门包括电信。
今年6月,Viettel及其当地合作伙伴发起了一项15亿美元的4 g网络在缅甸,第四个在国内电信运营商。
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