Viettel eyes Dominican Republic launch with $560m investment plan
Viettel has reportedly approved a $560 million plan to launch telecoms operations in the Dominican Republic. If it proceeds, the Vietnamese operator would become the country’s fourth mobile operator alongside Claro, Altice and Viva. Its first two years are expected to focus on mobile services, fixed broadband and mobile money, before a wider push into digital infrastructure and services.
Vietnamese operator Viettel has reportedly approved plans to launch telecoms operations in the Dominican Republic through a US$560 million investment, a move that would make it the country’s fourth mobile operator.
The company’s board approved the investment on April 17 to build and operate telecoms and digital infrastructure across the Caribbean nation.
The expansion is set to create a new unit, Viettel Dominicana, although the company’s final corporate structure and any local partnerships have not yet been confirmed.
Initial rollout and later expansion
Viettel is expected to begin with three areas during its first two years of operation: mobile services, fixed broadband and mobile money.
After that, it plans to expand into data centres, cloud computing, cybersecurity, IT services and digital logistics.
That phased approach would give the operator an entry point in consumer connectivity and financial services before extending into a broader set of digital and infrastructure offerings.
Market incumbents
The Dominican Republic telecoms market is currently dominated by América Móvil-owned Claro, Altice and local operator Viva.
If Viettel launches operations there, it would join those three as another mobile player in the market.
Claro reported 8.1 million mobile subscribers across its Caribbean operations, including the Dominican Republic and Puerto Rico, in the fourth quarter of 2025.
In the same period, Altice had around 1.5 million consumer mobile subscribers, while regulator Indotel reported that Viva had approximately 450,000 subscribers.
Those figures outline the competitive environment Viettel would be entering as it prepares a mobile and broadband rollout.
Country backdrop
The Dominican Republic has a population of around 11.5 million people and the largest economy in the Caribbean.
According to World Bank data, the country’s GDP reached US$124 billion in 2024.
The planned investment combines telecoms operations with digital infrastructure, and the scope described so far runs from mobile and fixed broadband to later work in data centres, cloud computing, cybersecurity and digital logistics.
While the new unit is identified as Viettel Dominicana, details on the final structure of the business and any local partners remain unresolved.
