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Vimpelcom to exit Vietnam

Vimpelcom is exiting Vietnam following a write down of assets

International operator VimpelCom is to exit the Vietnamese mobile market, selling its 49 per cent share of fifth placed mobile operator Gtel Mobile for $45m. VimpelCom, which is headquartered in The Netherlands, said the stake would be bought by GTEL Transmit and Infrastructure, “a related party” of Vimpelcom’s local partner, Gtel.

Hutch rocks Hanoi with GSM network launch

Hutch rocks Hanoi

Emerging markets spin off Hutchison Telecommunications International (HTIL) said Wednesday that it will launch its GSM network in Vietnam on Thursday, April 9.

WiMAX trial success in Vietnam

FPT Telecom, a Vietnamese ISP, has trialled VoIP, video streaming and internet access services on the move using mobile WiMAX kit from NEC and Mitsibushi. According to local reports, WiMAX passed these tests with flying colours. “The results opened many opportunities for us to develop and provide mobile telecommunications services,” FPT Telecom director Nguyen Dinh Hung, told local reporters. “Our goal is to integrate all services into a single broadband connection.”

Ericsson in managed services deal with Hanoi Telecom

Swedish vendor Ericsson has signed a contract with Vietnamese incumbent Hanoi Telecom which the firms say is the largest single telecoms deal that has every been struck in the nation. Worth $450m, the deal is built around a three-year managed services contract that will see Ericsson assume complete control of the management, operation and network [...]

VimpelCom sets up Vietnamese operation

Second placed Russian mobile operator VimpelCom said Tuesday that it has successfully set up its Vietnamese joint venture first announced last year. Under an agreement with local state run player Global Telecommunications Corporation and one of its subsidiaries, VimpelCom will set up GTEL-Mobile. The Russian firm will take 40 per cent of the new company [...]

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