“Helping friends means helping oneself”

PANO � Viettel Cambodia Pte. Ltd. commenced its telecommunication service in Cambodia on February 19, 2009 with the trade name of Metfone. Following President Ho Chi Minh's teaching helping friends means helping oneself, the company has significantly contributed to the development of the host country and become a typical example of the successful economic cooperation between Vietnam and Cambodia.

Benefactor of Cambodian needy people

Plov Touk Lake is the furthermost area of the Cambodian province of Kampong Chhnang. Motorboat is the only means of transport to reach the locality. No electric supply source, locals had to use batteries for their daily activities. No telecom service providers had wanted to do business in the area because of its difficult terrains and difficult recovery of the investment. Although, in August 2018, responding to the call of the Cambodian Ministry of Posts and Telecommunications, Metfone decided to install its 4G service facilities in Plov Touk commune for the sake of the local people.

For Slunr, an inhabitant in Tipi Village, Plov Touk commune, Metfone was his family's benefactor. He told that he had to work far away from home and his mother stayed at home alone. Several months ago, she was ill and called him. Thanks to the popularity of Metfone's service, he could contact his relatives and asked them for help, and his mother was saved on time, he said emotionally.

Meanwhile, Chon Solun, Deputy Chairman of Plov Touk commune said that after the operation of Metfone, locals could access the internet and could know what happened around them, inside the country and even around the world. From the bottom of their hearts, they were grateful to Metfone, he added. Similarly, in Siem Reap province, thanks to its free large bandwidth network of Metfone, teachers and students of Kralanh Secondary School could access the internet, which helps improve their teaching and learning quality. Ms. Hensitha, the school's headmaster said, the rate of good and fairly good students has improved from 50 percent (in years before 2014) to 92 percent (2018).

In addition, thanks to Metfone's participation in the market, costs of the telecom services reduced two to four fold while the use of telecommunications services increased twice to ten times. Typically, all locals including the needy ones can afford to use mobile phones.

Promoting Cambodia's development

Thanks to Metfone, Cambodian people could enjoy cheap Internet services. The data subscription rate increased from 0% to 60%. After ten years of operation, the company reached the accumulated revenue of USD 2.5 billion (equivalent to VND 47,350 billion). In 2018 only, the company's revenue was USD 255 million (USD 5,865 billion), accounting for 1.2 percent of the host country's GDP. During the 2009-2018 period, its revenue increased 19 percent annually on average while the after-tax accumulated profit was USD 345.68 million (VND 7,259 billion). After four years of operation, Metfone returned the investment to Viettel, and of its accumulated profit has now reached USD 259.16 million, nearly six times more than the investment value.

Two years after its debut, Metfone landed on the first position in terms of market-share. Currently, the company has 11,000 base transceiver stations (BTSs), and 24,000 kilometers of fibre-optic cables, covers 98 percent of the country's acreage and serves nine million mobile subscribers and 100,000 fixed ones.

The company's prior strategy of developing network infrastructure contributed to changing the Cambodian communication sector as well as improving the national competitiveness of Cambodia in the region.

The Viettel's Cambodian brand has been also active in social activities to improve local healthcare services and living conditions of Cambodian people. Several social programs launched by the company include providing free internet access to schools, free cleft palate surgeries for needy children patients, free medicines for mountainous and remote patients, and so on.

Moreover, the company helped build the e-government of Cambodia, set a fixed private telephone network for the Royal Cambodian Armed Forces, and supported natural disaster victims in the four Cambodian provinces of Siem Riep, Battambang, Stung Treng, Banteay Meanchey in 2014. The total cost of its gratitude activities was USD 77 million.

So far, Metfone has contributed USD 468.65 million of tax to the Government of Cambodia and created either direct or indirect jobs for over 50,000 Cambodian people.

With its considerable contributions to the Cambodian socio-economic development, the company contributed to reinforcing the friendship and solidarity between Vietnam and Cambodia.

On the occasion of its anniversary of 10-year operation, the Cambodian Government awarded the first-class Labor Medal to the Viettel's company.

Source: People's Army Newspaper

“Helping friends means helping oneself”

PANO � Viettel Cambodia Pte. Ltd. commenced its telecommunication service in Cambodia on February 19, 2009 with the trade name of Metfone. Following President Ho Chi Minh's teaching helping friends means helping oneself, the company has significantly contributed to the development of the host country and become a typical example of the successful economic cooperation between Vietnam and Cambodia.

Benefactor of Cambodian needy people

Plov Touk Lake is the furthermost area of the Cambodian province of Kampong Chhnang. Motorboat is the only means of transport to reach the locality. No electric supply source, locals had to use batteries for their daily activities. No telecom service providers had wanted to do business in the area because of its difficult terrains and difficult recovery of the investment. Although, in August 2018, responding to the call of the Cambodian Ministry of Posts and Telecommunications, Metfone decided to install its 4G service facilities in Plov Touk commune for the sake of the local people.

For Slunr, an inhabitant in Tipi Village, Plov Touk commune, Metfone was his family's benefactor. He told that he had to work far away from home and his mother stayed at home alone. Several months ago, she was ill and called him. Thanks to the popularity of Metfone's service, he could contact his relatives and asked them for help, and his mother was saved on time, he said emotionally.

Meanwhile, Chon Solun, Deputy Chairman of Plov Touk commune said that after the operation of Metfone, locals could access the internet and could know what happened around them, inside the country and even around the world. From the bottom of their hearts, they were grateful to Metfone, he added. Similarly, in Siem Reap province, thanks to its free large bandwidth network of Metfone, teachers and students of Kralanh Secondary School could access the internet, which helps improve their teaching and learning quality. Ms. Hensitha, the school's headmaster said, the rate of good and fairly good students has improved from 50 percent (in years before 2014) to 92 percent (2018).

In addition, thanks to Metfone's participation in the market, costs of the telecom services reduced two to four fold while the use of telecommunications services increased twice to ten times. Typically, all locals including the needy ones can afford to use mobile phones.

Promoting Cambodia's development

Thanks to Metfone, Cambodian people could enjoy cheap Internet services. The data subscription rate increased from 0% to 60%. After ten years of operation, the company reached the accumulated revenue of USD 2.5 billion (equivalent to VND 47,350 billion). In 2018 only, the company's revenue was USD 255 million (USD 5,865 billion), accounting for 1.2 percent of the host country's GDP. During the 2009-2018 period, its revenue increased 19 percent annually on average while the after-tax accumulated profit was USD 345.68 million (VND 7,259 billion). After four years of operation, Metfone returned the investment to Viettel, and of its accumulated profit has now reached USD 259.16 million, nearly six times more than the investment value.

Two years after its debut, Metfone landed on the first position in terms of market-share. Currently, the company has 11,000 base transceiver stations (BTSs), and 24,000 kilometers of fibre-optic cables, covers 98 percent of the country's acreage and serves nine million mobile subscribers and 100,000 fixed ones.

The company's prior strategy of developing network infrastructure contributed to changing the Cambodian communication sector as well as improving the national competitiveness of Cambodia in the region.

The Viettel's Cambodian brand has been also active in social activities to improve local healthcare services and living conditions of Cambodian people. Several social programs launched by the company include providing free internet access to schools, free cleft palate surgeries for needy children patients, free medicines for mountainous and remote patients, and so on.

Moreover, the company helped build the e-government of Cambodia, set a fixed private telephone network for the Royal Cambodian Armed Forces, and supported natural disaster victims in the four Cambodian provinces of Siem Riep, Battambang, Stung Treng, Banteay Meanchey in 2014. The total cost of its gratitude activities was USD 77 million.

So far, Metfone has contributed USD 468.65 million of tax to the Government of Cambodia and created either direct or indirect jobs for over 50,000 Cambodian people.

With its considerable contributions to the Cambodian socio-economic development, the company contributed to reinforcing the friendship and solidarity between Vietnam and Cambodia.

On the occasion of its anniversary of 10-year operation, the Cambodian Government awarded the first-class Labor Medal to the Viettel's company.

Source: People's Army Newspaper