FPT Corporation, another giant in Vietnam’s communications sector, is seeking approval from Cambodian authorities to build a telecom network with a capital of between US$6 million and US$10 million in the country, a senior official said.
If approved, FPT Telecom will start to provide mobile phone services in three biggest cities in Cambodia first, comprising Phnom [...]
The Ministry of Information and Communications has turned down a proposal from leading mobile phone service providers Viettel and the VNPT to reduce rates by 10-20 per cent.
Viet Nam Posts and Telecommunications Group (VNPT) operates both the Vinaphone and MobiFone systems. This is the second time this year the nation’s largest mobile phone service providers [...]
The Vietnam telecom market is too crowded with nine companies providing mobile telecommunications services. A senior manager in telecom industry confirmed that merger and acquisition (M&A) activities would surely increase in the next one or two years. He added that M&A trend in telecommunications sector will become popular, when there are too many licensed businesses [...]
Three major mobile service providers, Viettel, VinaPhone, and MobiFone, are seeking approval from the Ministry of Information and Communication to cut call tariffs by 15-20 per cent.
The average cost of calling now is VND1,200 per minute, and if a 20 per cent reduction is approved, it will fall to VND960.
Viettel said it incurs a cost [...]
Mobile carriers are asking the Ministry Information and Communications for permission to slash charges by up to 20 percent, with Vietnam Posts and Telecommunications Group, or VNPT, being in the forefront.
The ministry should approve the charge reduction proposal, telecom giant VNPT, which operates VinaPhone and MobiFone networks, said in a statement issued on Monday, showing [...]
The 16th ASEAN Telecommunication Senior Officials Meeting (TELSOM) was held in Hanoi on July 7 to share information and experience in developing policies and management efficiency to keep ASEAN telecom grouping in member countries.
The meeting provided a good chance for telelecom managers to give updates technological achievements in telecom as well as information and technology [...]
A single foreign investor may be allowed to hold a maximum 30 per cent of a telecom operator’s chartered capital in Vietnam.
The rule is specified in the first ever regulation draft on foreign investors’ stakes in a telecom operator in Vietnam and is part of the latest decree draft to guide the execution of the [...]
Ministry of Information and Communication stated that up to the end of June 2010, the total gained revenue in post and telecommunication industry was estimated at 87.068 trillion dong, increasing 45 percent year-on-year. There are 151.1 million registered telephone subscribers, in which mobile phone subscribers’ account for 89.9 percent or 135.6 million subscribers.
The country on [...]
Vietnam signed up 22.8 million new phone subscribers in the first half of this year, an increase of 12.2% over the same period last year, the General Statistics Office said in its monthly report.
The figure comprised 22.1 million mobile phone subscribers, up 18.7% on year, while the number of land-line subscribers fell 58.7% on year [...]
Vietnam now has two mobile virtual networks but these players are envisaged to encounter numerous challenges amid the presence of powerful mobile network operators.
Market penetration in late 2010
On June 22, 2010, the Ministry of Information and Communications granted a mobile virtual network operator (MVNO) license to the Vietnam Multimedia Corporation (VTC). Mr Nguyen Hoang Phong, [...]
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