NTT Docomo INT (Docomo), Japan’s largest telecom service provider on August 10 announced that it has acquired a stake of 25 per cent in the VMG Media Joint Stock Company of Vietnam to expand the firm’s services in the Asian Pacific region. The stake, worth approximately VND370 billion (about 1.4 billion JPY), represents Docomo’s first [...]
Domestic mobile service providers are seeking ways to expand abroad as the local phone market becomes saturated, say market watchers. By 2020, the miitary-run mobile provider Viettel expects to provide services to around a billion people with revenue from foreign markets five times greater than domestic revenues. In 2010, its total revenue from investments abroad [...]
The General Statistics Office reported that the number of new phone subscribers reached 5.7 million in the first seven months throughout the country, a decrease of 30.9 per cent over the same period last year. There were 36,400 fixed telephone subscribers and nearly 5.7 million mobile phone subscribers. By late July, the number of phone [...]
The Ministry of Information and Communications (MIC) is collecting users’ opinions on how to efficiently utilise the current mobile phone number repository. Director of the Department of Telecommunications Pham Hong Hai announced at a briefing this week that the ministry was looking into two possibilities to increase available permutations. The first choice was to add [...]
Vietnamese network providers got 5.7 million new phone subscribers in the first seven months of this year, down 30.9 percent against the same period last year, said the general Statistical Office (GSO). The new data, the slowest growth in the last several years, may due to stricter management of new pre-paid mobile phone subscriptions to [...]
A stake purchase deal between telecom giant FPT and state-owned EVNTelecom is labouring on. The stock deal with EVNTelecom caused FPT serious headaches, said FPT’s chief executive officer (CEO) Truong Dinh Anh. Anh said the group was under negotiations with EVNTelecom’s parent company- Electricity of Vietnam (EVN)- to take back the VND708 billion ($34.2 million) [...]