M3 COMMUNICATION ONE MEMBER LIMITED LIABILITY COMPANY

Company Description

M3 Communication is proud to accompany with Viettel Group for a long time to build its telecommunication infrastructure in many foreign countries invested by Viettel Group. M3 Communication produces 90% of optical fiber cables for Viettel Group and becomes a trusted provider for many customers in Laos, Cambodia, ZimbabM3 COMMUNICATION ONE MEMBER LIMITED LIABILITY COMPANY, Peru, Timor Leste, Myanmar and many countries.M3 Communication Co., Ltd under Viettel Group, is the largest company in Vietnam in manufacturing and exporting fiber optic cable. M3 also aims to become the leading company specializing in providing casting mold, injection mold, progressive mold and a wide variety of precision mechanical products.M3 factory was established on December 19th 1971 as a unit under the Ministry of Defense of Vietnam. At the beginning, M3 focused on:- Digital Exchange, Mechanical-Electrical Exchange, Military phone.- Cable Products: Copper cables, Military wire.- Produce mechanic, Process plastic products. In 2010, M3&＃39;s revenue reached $10 million. From January 01st 2010, the company became a member of Viettel Group, the most powerful Vietnamese telecommunication company with an ambition to be the world top 10 telecommunication company by 2020. The company changed its name to M3 Communication One member Limited Liability Company with a chartered capital of $12.5 million. M3 established new production lines for manufacturing fiber optical cables such as aerial optical cables, underground optical cables, and drop cables, etc. In 2012, M3 built new production lines for precision mechanical products. M3 produced precision molds: casting mold, injection mold, progressive mold and a wide variety of other precision mechanical products. In 2013, M3&＃39;s revenue reached $26.5 million. In 2014, M3 invested coating and plating Production lines and 02 fiber optical cable production lines to double production capability of fibre optical cable manufacture. M3 increased charter capital to $25 Million and its revenue reached $40 Million in the same year. In 2015, M3&＃39;s revenue was more than 50 million USD. In July, 2015, R&D center was established to research market and find new products for the company. Until now, M3 has exported to many markets around the world such as Cambodia, Laos, Haiti, Cameroon, Mozambique, Timor Leste, Peru, Tanzania and many others.M3 targets to reach $300 million USD in 2020 with an average revenue growth of 50% a year.