Itc Innovated Technology For Communication Joint Stock Company (Vietnam)

The subject operates in the field of consulting, designing, implementing, and providing equipment and services for telecommunication network infrastructure, informatics networks, and security systems. Besides the domestic market, the subject's products have been exported to foreign markets, including Laos, Cambodia, Peru, Mozambique, China, etc. In Vietnam, the subject supplies the billing system of Viettel Group. In addition, the subject also becomes the only domestic enterprise capable of building a backbone network system for the three network operators Viettel, Mobifone, and Vinaphone. In 2022, the company won 4 bidding packages (out of a total of 14 bidding packages) for the investment project to expand the IP transmission network of Viettel Group, with a total value of nearly VND 417 billion.The subject was ranked as a large company in the industry. Although large depending on liabilities, most of them came from its suppliers, indicating that its commercial reputation was fairly good, and the financial risk was not high.