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Viettel could launch Kenyan operation

By , ITWeb
Kenya , 02 Aug 2012

Viettel could launch Kenyan operation

Viettel Corporation, which is owned by the Vietnamese government, has said that it has targeted Kenya’s wireless sector as part of its bid to grow its mobile business in Africa, according to media reports.

Viettel expanded into the African market for the first time in 2012, after the company in May launched Movitel in Mozambique - a joint venture with Mozambique’s ruling Frelimo Party (29%) and local investor Invespark (1%).

The Vietnamese company also owns assets and licences in Cambodia (Metfone), Laos (Unitel), Haiti (Natcom), Mozambique (Movitel), Peru (Viettel Peru) and Timor-Leste.

In addition to Kenya, Viettel has further expressed an interest in entering North Korea, Cuba, Venezuela, Slovakia, Paraguay and Cameroon.

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