Mytel reaches 5m subscribers
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.