Boasting 331,210km2 and population of ~93mn, Vietnam is home to global mobile network operator Viettel, as well as MobiFone, Vinaphone, Vietnamobile and Gtel. There are tens of independent towercos scattered around the country, mostly small, “mom and pop shops.” While urban centres such as Ho Chi Minh and Hanoi are littered with rooftop structures, towers of all types and sizes can be seen all across the land, which include mountainous and coastal areas. Building on recent research as well as discussions from the fourth TowerXchange Meetup Asia, in this editorial we revisit this unique tower market.
Mobile market
TowerXchange’s last in-depth look at the Vietnamese telecom tower market was back in 2015 and since then the local industry has continued to grow rapidly.