In Business Model, Mobile

Vietnamese mobile operator Viettel has arranged to acquire Beeline Cambodia, marking the first acquisition of an active foreign operator by a Vietnamese company.

Beeline Cambodia offers mobile services in 24 provinces.

The acquisition will give Viettel’s Cambodian subsidiary Metfone a more than 50 percent share of the mobile market, as well as mobile internet coverage of more than 96 percent ¬†of the nation.

Viettel has invested in 10 markets over the last 10 years, and today has over 260 million customers in Asia, South America and Africa.

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