(Ecofin Agency) - Nguyen Van Son (on the left side of the picture), deputy managing director of Halotel, announced on October 16, that the Tanzanian subsidiary of Vietnamese telecommunications group Viettel was still pursuing its strategy to become the second largest operator in Tanzania’s telecommunications market.
During a press conference organized in Dar es Salaam, Nguyen Van Son revealed that within three years, Halotel invested about Tsh1.1 trillion ($478,968, 800) in the country.
However, this investment seems not to be that sufficient since it is actually the fourth in the telecom market, behind Vodacom, Tigo, and Airtel. On the other hand, it outruns Zantal, TTCL, and Smart. On June 30, 2018, it had 3,649,805 clients, according to the Tanzania Communications Regulatory Authority (TCRA).
Nowadays, the company has a network coverage rate of 95% achieved thanks to the installation of 4,400 telecom stations and deployment of 18,348 km of optic fiber cable.
In its strategy to conquer the Tanzanian market, Halotel was always focused on rural zones. The company plans to continue that way to generate the $700 million turnover planned at the launch of its activities in October 2015.