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Vietnam - The second largest mobile name in Peru

20-03-2015 | Viettel Headlines
Vietnam was the second largest mobile operator export to Peru in 2014, according to CCEX.

Vietnam was the second largest mobile operator export to Peru in 2014, according to the Center for Foreign Commerce (CCEX) under the Lima Chamber of Commerce.

The South American nation last year spent 55 million USD to import mobile phones from Vietnam, an increase of 50 million USD against 2013. Vietnamese-made products now account for 5 percent of Peru’s mobile phone market, ahead of those from the Republic of Korea (3 percent) and Taiwan (1 percent).

Viettel Group said 2014 was a successful year for its offshore investments. These investments contributed to the group’s revenue, which grew 20% to VND197 trillion and pre-tax profit rose 15% to VND42 trillion.

In 2014, Viettel’s offshore operations brought total revenue of US$1.2 billion, up 25%, and pre-tax profit of US$156 million, up 32%. The profit Viettel has earned from its overseas investments so far totals US$278 million.

Meanwhile, Peru splashed out over 1.1 billion USD to import 12.7 million mobile phones, up 31 percent in terms of value and 23 percent in terms of quantity.

Vietnamese telecom group - Viettel officially began its operation in Peru with the launch of its Bitel - branded mobile service. At that time, Bitel was the only mobile service provider offering 3G services with a network that reached 80 percent of Peru’s population.

Viettel Global