Vietnamese telecom giant Viettel has won a contract to become the fourth mobile network operator in Peru, news website VnExpress reported Monday.
The report said Viettel was selected over other bidders from Russia, Chile and Brazil as the Vietnamese firm pledged to provide free internet access to 4,025 schools in Peru, much more than the equirement of 1,350 schools.
Viettel plans to invest about US$400 million in developing its network in Peru over ten years.
The new contract has made Peru the fifth foreign market which Viettel has invested in, after Cambodia, Laos, Haiti and Mozambique.
Peru, with a population of 30 million, previously had three mobile operators owned by Mexico's America Movil SAB, Spain's Telefonica and US-based NII Holdings Inc.