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Viettel Brings Two Decades of International Telecom Experience to the Dominican Republic

Money Compass by Money Compass
August 21, 2026
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Viettel Brings Two Decades of International Telecom Experience to the Dominican Republic
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HANOI, Vietnam, Aug. 21, 2026 /PRNewswire/ — Viettel Group, one of Vietnam’s largest telecommunications and technology groups, is bringing more than two decades of international investment experience to the Dominican Republic, building on a track record across 10 overseas telecommunications markets in Asia, Africa and Latin America.

The Dominican Republic is Viettel Group's 11th international market
The Dominican Republic is Viettel Group’s 11th international market

Following the recent spectrum award by the Dominican Institute of Telecommunications, INDOTEL, Viettel is preparing for a long-term presence in the country, with plans to invest in telecommunications infrastructure and contribute to the Dominican Republic’s digital development.

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Under Resolution No. 073, 2026 issued on August 19 by INDOTEL, Viettel Global, the international investment arm of Viettel Group, was awarded the right to use 240 MHz of spectrum across the 700 MHz, 2.3 GHz and 3.6 GHz bands for 20 years. The spectrum provides a strong foundation for the deployment of modern 4G and 5G networks.

Under the terms of the tender, the corresponding concession agreement must be signed within 90 days. Viettel Global is also proceeding with the necessary steps to establish its local entity in the Dominican Republic. Once operations begin, the Dominican Republic will become Viettel’s 11th international telecommunications market.

“With more than two decades of international experience, we pursue a long-term investment approach focused on building modern infrastructure, introducing advanced technologies and creating sustainable value for people, businesses and local economies,” said Tao Duc Thang, Chairman and CEO of Viettel Group.

Viettel currently operates networks in 10 international markets across Asia, Africa, Latin America. Seven of these operators lead their respective markets by mobile subscribers. In 2025, its international operations generated USD 3.34 billion in revenue, up 23.9 percent year on year, marking the ninth consecutive year of double-digit growth.

Its international capabilities were further recognized at the 2026 International Business Awards, where Viettel received the highest number of awards among more than 3,800 participating organizations worldwide, with 21 of its 30 awards recognizing achievements across its overseas operations.

As one of the Caribbean’s largest and most dynamic economies, the Dominican Republic is seeing growing demand for high-speed connectivity and digital services. Viettel sees the country as an important part of its next phase of international growth.

In the Dominican Republic, Viettel plans to build advanced telecommunications infrastructure with extensive coverage, including underserved and remote areas, and to expand access to connectivity and digital services ecosystem for local consumers and businesses.

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