Vietnam’s Viettel expands telecom operations to 11th int’l market with Dominican Republic entry

Viettel said it had officially won the bid for the right to use spectrum across three frequency bands and would move swiftly to build a network providing telecommunications services using the most advanced technologies in the Dominican Republic, Viettel’s third market in the Americas.

Under Resolution No. 073-2026 issued on August 19 by the Dominican Republic’s Telecommunications Institute, Viettel Global, Viettel’s international investment arm, was awarded the right to use 240 MHz of spectrum across the 700 MHz, 2300 MHz and 3600 MHz frequencies for 4G and 5G mobile networks under a 20-year concession.

Viettel Global is expected to complete procedures to establish a local legal entity and sign an official concession agreement within the next 90 days.

Located in the Caribbean, the Dominican Republic is the region’s second-largest economy, with per-capita income of about US$11,000.

The country has a dynamic economy, an open investment environment and rapidly growing demand for digital services and high speed mobile data, creating significant room for the development of advanced telecommunications technologies.

The Dominican government has high expectations for the Vietnamese telecom operator’s entry into the market.

“Our goal is to provide the people of the Dominican Republic with superior quality telecommunications services, increase competition in the market and, most importantly, optimize costs for consumers,” said Guido Gómez Mazara, chairman of the Dominican Republic’s Telecommunications Institute.

Tao Duc Thang, chairman and CEO of Viettel Group, said the Dominican Republic deal marked another important step in Viettel’s continued international expansion.

He described the Dominican Republic as an important market in Viettel’s next growth cycle and would enable Viettel’s international investment activities to make an increasingly significant contribution to the group’s overall growth.

Viettel currently operates in 10 international markets and holds the largest market share in seven of them.

In 2025, its international operations generated $3.34 billion in revenue, up 23.9 percent year on year, marking the ninth consecutive year of double-digit growth and contributing more than 40 percent to Viettel’s overall growth.

In the Dominican Republic, Viettel plans to quickly build a large-scale modern network covering remote areas, expanding connectivity and gradually developing a comprehensive digital services ecosystem.