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What does VNPT give MobiFone as dowry?

The things MobiFone can inherit from the Vietnam Post and Telecommunication Group (VNPT) include the two Vinasat satellites which have caused the loss of trillions of dong, and a finance company with the loss bigger than the stockholder equity. VNPT has finally decided to retain VinaPhone, one of the two biggest mobile phone networks, and let MobiFone leave. Under a report submitted to the government... 

VNPT to pull plug on pay phone service

State owned telecommunications giant VNPT Group has announced it will decommission all pay phones nationwide from March 25 this year due to a slump in demand. The company began providing the service in 1997, and the number of telephone boxes around the country subsequently rose to about 11,000. However, demand for the service has gradually decreased with the growing popularity of mobile phone services. VNPT... 

Mobile carriers to prevent Tet 3G overload

Mobile service providers will focus on preventing a 3G network overload due to huge levels of use during Tet. Viettel informed it had installed an additional 100 base transceiver stations to provide 3G service in key areas. In addition, the telecom firm has prepared 70 transceiver cars to travel to specific areas in case of emergency. Viettel estimated the aforesaid measures would increase the capacity... 

Vietnam Post Corporation splits from VNPT

The Vietnam Post Corporation (VietnamPost) has split from the Vietnam Post and Telecommunications Group (VNPT) after its ownership was transferred to the Ministry of Information and Communications (MIC). VietnamPost was a former affiliate of VNPT and will now operate as an independent corporation from January 1, 2013. The corporation currently has a large workforce of 42,000 employees, of which 24,000... 
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Viettel to halt converting EVN Telecom subscriptions soon

Viettel will stop converting subscriptions from EVN Telecom to Viettel on Saturday after nearly one year doing the conversion for users since it took over the subsidiary from Vietnam Electricity Group (EVN). The military-run telecom company has had to perform procedures for EVN Telecom subscribers to shift to Viettel services as the latter was transferred after incurring losses. Apart from taking over... 

Viettel enters world’s top 10 mobile operators

Viettel has been ranked in the top 10 mobile operators with the most new subscribers in the first quarter this year, according to a report by GSMA Wireless Intelligence. Viettel surpassed Singapore’s SingTel and Axiata of Malaysia and ranked only after network operators in India and China. As a leading provider of telecommunications services in Vietnam, Viettel has invested both domestically... 

Viettel Group officially starts doing business in Mozambique

Vietnam Military Telecommunications Group (Viettel Group) officially started its business in Mozambique, announced the Group at a ceremony to open Movitel Company, the brand name of Viettel in Mozambique, on May 15th in Maputo, the Mozambique capital. At the ceremony, Mr. Armado Emilio Guebuza, President of Mozambique, said that with the contributions of Viettel, Mozambique became one of the countries... 

VNPT’s nervous looks

Leading state telco VNPT’s restructuring plan is waiting on the starter’s gun. The VNPT just submitted its shake-up plan to the Ministry of Information and Communications (MIC) to streamline operations. Accordingly, it proposed founding VNPT Mobile through reorganising its leading member companies VinaPhone and MobiFone, which will operate as a financially dependent unit under the group and directly... 

Fears of monopoly over VinaPhone, MobiFone merger

The Ministry of Information and Communications (MIC) has yet to make any official decision on the merger of VinaPhone and MobiFone, one official said. Despite confirmation of merger plans by the Vietnam Posts and Communications Group (VNPT), Le Nam Thang, Deputy Minister of MIC, said on March 20 that careful consideration should be taken before coming to a final decision on restructuring in order to... 

High technology projects landing in Vietnam

Big foreign investors are seeking the opportunities to invest in high technology projects in Vietnam to take full advantage of the incentives offered by the Vietnamese government. Chu Tien Dung, President of the Quang Trung Software Park Development Company (QTSC) has said that a lot of foreign investors are planning to develop projects on information technology and supporting industries in the southern... 
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