Laos Post

Saturday, Feb 22, 2025

Lao Telecom Reports Strong Performance in 2024, Plans for Further Expansion

Company invests fifteen point seven four million dollars in network infrastructure and sets ambitious targets for 2025
In 2024, Lao Telecommunications Public Company invested fifteen point seven four million dollars to enhance its network infrastructure, achieving a total revenue of two thousand three hundred ninety-seven point nine three billion kip and contributing five hundred forty-nine point seven five billion kip in taxes and fees to the government. The company serves over three point three million active users nationwide, offering services across 2G to 5G technologies.

Looking ahead, Lao Telecom aims for a nine point two six percent revenue increase in 2025, targeting two thousand six hundred twenty-four point six eight billion kip, with a projected net profit of six hundred twelve point two nine billion kip. To support this growth, the company plans to invest seventeen point two nine million dollars to enhance mobile and fixed broadband services, focusing on service quality, data security, and infrastructure modernization.

Beyond its business operations, Lao Telecom has contributed over twelve billion kip to national and ASEAN-level events and provided resources for distance learning and virtual meetings for government and party organizations.
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