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Lao Telecom

Lao Telecom

TelecomNo. 5 in LaosLaos
Founded
1996
Headquarters
Vientiane, Laos
Ticker
n/a
Sector
Telecom

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Lao Telecom was established in 1996 as a joint venture between the Lao government, which holds 51%, and a foreign partner, now Shenington Investments, and holds a long-term concession to provide telecom services.

Business model

Lao Telecom provides mobile, fixed-line, and internet services, and has launched 5G in Vientiane.

Market position

Lao Telecom is the country's leading telecom operator, competing with Unitel, ETL, and Best Telecom.

Country impact

Lao Telecom's network covers all provinces of a mountainous, largely rural country, making it key to the spread of mobile internet and digital payments.