My­tel reaches 5m sub­scribers

Mizzima Business Weekly - - BUSINESS ALERTS -

My­tel, Viet­nam-based Vi­et­tel’s brand in Myan­mar, reached five mil­lion sub­scribers in Myan­mar just eight months after its launch, re­ported Viet­nam News. It tar­geted to reach the mile­stone of 10 mil­lion sub­scribers this year. Vi­et­tel of­fi­cially inau­gu­rated My­tel in Myan­mar on June 9 last year. It is the fourth largest net­work provider in Myan­mar. Prior to launch­ing My­tel, Vi­et­tel Global, an arm of Vi­et­tel Group set an am­bi­tious tar­get of reach­ing 2-3 mil­lion cus­tomers in 2018. Just one month after launch, how­ever, this tar­get has been changed to four mil­lion cus­tomers in 2018 and My­tel is ex­pected to be prof­itable by the end of 2019. A sur­vey on mo­bile phone use in Myan­mar showed that more than 90 per­cent of sur­veyed peo­ple were im­pressed with My­tel.

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