Ethiopia: Viettel Opens Representative Office in Ethiopia
Viettel, Vietnam's largest mobile network operator, will establish a representative office in Ethiopia with the aim of researching the market and promoting investment in the country, Viettel said.
Le Dang Dung, Viettel's Deputy Director, said the establishment would allow them to carefully prepare for opportunities to receive a business licence. The group has applied the long-term market research method to ensure suitable strategies and decisions.
According to Biz Hub, Viettel has paid attention to Ethiopia and sub-Saharan countries since 2011.
In Africa, it has invested in telecom networks in four countries including Mozambique, Cameroon, Burundi and Tanzania.
Ethiopia has a lot of potential to develop the mobile network with the fast economic growth rate of 10 per cent a year and has been negotiating to join WTO. It is for this reason that the opening of the telecom market would be possible in the near future, Viettel said.
Big telecom providers such as France Telecom, MTN and Vodafone opened their representative offices in Ethiopia.
Source: The Ethiopian Herald