FPT Board of Management has officially decided to withdraw from an acquisition deal with EVN Telecom. The resolution said it agreed with the proposal to quit the investment project and will shortly take procedures for withdrawing all the capital investment it had deposited to EVN Telecom. EVN Telecom is waiting for the government’s decision. “We did not receive any official documents from FPT... 

Current mobile operators will face stricter rules if they want to transfer their licences to others under a newly drafted prime ministerial decision on bidding and transferring radio frequency usage rights. The decision will be issued in the second quarter this year. Accordingly, companies will only be allowed to transfer their frequency to the other firms after operating their telecom network for... 

HCM CITY — The telecom market is unlikely to sustain its scorching pace of development since it has reached saturation point and tariffs have fallen significantly. Viet Nam has a population of 86 million and 163 million subscribers, including 148 million for mobile phones. “The telecommunication market has reached saturation and … has come under strict oversight with regard to quality and... 

The District 7-based Saigon Exhibition and Convention Center next week will host the 13th International Exhibition in Vietnam on Telecommunications and Information Technology. The four-day event starting next Wednesday will increase the scope of the exhibition and highlight the increasing convergence in information and technology communications (ICT) and the electronics sector. The expo, one of the... 

The Ministry of Information and Communications (MIC) has approved the applications of five companies seeking to run the Fourth Generation Mobile Network. Under the licence, these companies, which include Vietnam Posts and Telecommunications Group (VNPT), Viettel Telecom, FPT Telecom, CMC and VTC, will be allowed to operate the 4G network over a trial period of 12 months. 4G, which refers to the fourth...