Viettel Secures Spectrum in Dominican Republic, Expands to 11th Market
Event summary
- Viettel Group awarded 240 MHz of spectrum in the Dominican Republic for 20 years, enabling 4G/5G deployment.
- The spectrum spans 700 MHz, 2.3 GHz, and 3.6 GHz bands, with a concession agreement due within 90 days.
- Viettel's international operations generated $3.34 billion in 2025, up 23.9% YoY, marking nine straight years of double-digit growth.
- The Dominican Republic becomes Viettel's 11th international market, following a track record in 10 other countries.
The big picture
Viettel's expansion into the Dominican Republic aligns with its strategy of leveraging its international experience to build modern infrastructure in emerging markets. The move comes as demand for high-speed connectivity grows in the Caribbean's largest economy, positioning Viettel to capitalize on the region's digital transformation. With seven of its 10 existing markets led by mobile subscribers, Viettel's track record suggests a strong potential for market leadership in the Dominican Republic.
What we're watching
- Execution Risk
- Whether Viettel can deliver on its promise to build extensive coverage, including underserved areas, within the required timeline.
- Market Penetration
- How Viettel will position itself against existing telecom players in the Dominican Republic's competitive landscape.
- Regulatory Compliance
- The pace at which Viettel finalizes the concession agreement and establishes its local entity to meet INDOTEL's requirements.
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