HÀ NỘI — Viettel has reported impressive results for 2024, with consolidated revenue of VNĐ190 trillion (US$7.5 billion), achieving growth of 10.3 per cent - the highest in the industry.

Its pre-tax profit reached VNĐ51 trillion, marking an 11.3 per cent year-on-year increase. Viettel also contributed VNĐ44.3 trillion to the State budget, a 17 per cent rise from the previous year, while employees saw a 6 per cent boost in average income.

The company’s growth was driven by a strong domestic telecommunications market, international expansion and innovations in high-tech sectors like cybersecurity, AI and logistics.

Viettel successfully upgraded 6.5 million 2G subscribers to 4G in just 10 months, a feat that typically takes other networks three years. The company also expanded 4G coverage with over 6,000 new base transceiver stations (BTS), ensuring nationwide connectivity.

For the eighth consecutive year, Viettel’s international revenue grew by double digits, up 17.3 per cent from the previous year and contributing 80 per cent of the group’s total growth. The company’s overseas market share remained strong, with Movitel leading in Mozambique and Viettel maintaining the leading position in seven foreign markets. — VNS