Viet Nam's Viettel Selects DASAN for FTTH Contract

SEOUL, SOUTH KOREA — DASAN Networks, a network equipment provider, has entered Vietnam’s high-speed Internet market. Viettel, the largest telecom operator in Vietnam, has selected DASAN Networks as their network equipment supplier to establish the infrastructure in providing high-speed Internet throughout Vietnam.

DASAN Networks will supply about $18 million worth of FTTH GPON systems to Viettel over the next four months as its first order, and plans to negotiate to supply more FTTH equipment soon.

A military-run telecommunication company operating under Vietnam's Ministry of Defense, Viettel currently has business operations in eight countries including Cambodia, Laos, Mozambique, and Haiti. Viettel is a global company with sales reaching $7.73 billion last year.

FTTH-based Internet Across Viet Nam
Starting this year, Viettel plans to offer FTTH-based high-speed Internet services all over Vietnam. Bidding to supply GPON equipment for the project started last year, and DASAN Networks was selected as the first supplier among other global telecommunication companies.

“SoftBank in Japan, Chunghwa Telecom in Taiwan, and now adding Viettel in Vietnam as our main customer, we are expecting that our base of annual sales in overseas business will increase significantly," said DASAN CEO Min-Woo Nam. “This contract has helped DASAN to reach one-step closer to our vision in becoming a global network equipment provider.”

As South Korea’s number one network equipment company and main supplier to KT, SK Broadband and LG U+, DASAN Networks has been expanding its global business followed by the company’s success in Japan and Taiwan. With continuous investments in global R&D centers in Vietnam, India and China, and sales offices in Japan, U.S.A. and Taiwan, DASAN is strengthening its global operation and providing its products to 60 customers and partners in 25 countries worldwide.