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A new joint venture between
Vietnam's largest telecom company and wholesale telco-services outfit
ETN Singapore targets Vietnamese expats
A joint venture between VNPT, Vietnam's
largest telecommunications company, and wholesale telecommunication
services provider ETN Singapore, promises Vietnamese working overseas a
more economic mobile telephone service.
Called VNPT - G.S., the new setup is
headquartered in Singapore and equally owned by both companies. It aims
to offer consumer-based telecom services to expatriate Vietnamese
residing in the Asia-Pacific and Middle East regions, officials said at
a signing ceremony here Tuesday.
VNPT - G.S. will initially focus on
providing voice services, and operate primarily on a Mobile Virtual
Network Operator (MVNO) model and "piggy back" on existing
telecommunication networks operated by various infrastructure service
providers in the region. VNPT - G.S. plans to offer prepaid SIM cards
that provide attractive pricing to Vietnamese expatriates and overseas
travelers, company executives said.
For example, over 95 percent of the
Vietnamese mobile market is based on prepaid services, which can
require consumers to deposit US$700 to access global roaming services.
VNPT - G.S. said it will offer such customers a more affordable
alternative.
Richard Tang, CEO of VNPT - G.S., told
ZDNet Asia that it will roll out its service to wholesale customers in
the next few weeks, and to the retail market over the next three months.
"Our operations will be quickly
initiated in Singapore, Malaysia, Korea and Taiwan, with Australia,
Japan, the United Arab Emirates and Qatar to follow later in 2009,"
said Tang, who is also CEO of ETN Singapore.
The joint venture will initially employ
five full-time staff seconded from each of the two partners, but plans
to expand its headcount to 15 within the first year.
Tang Ngoc Truong An, deputy general
director of VNPT Global Investment JSC, noted in a press statement:
"There are currently around 2 million expatriate Vietnamese in the
targeted regions, a population which is growing by over 30 percent per
annum."
VNPT - G.S. said it aims to capture 50
percent of the market.
Source: ZDNet Asia - By Sol E.
Solomon
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here for the original article.
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A new joint venture between Vietnam's
largest telecom company and wholesale telco-services outfit ETN
Singapore targets Vietnamese expats
by Sol E. Solomon A joint venture between VNPT, Vietnam's
largest telecommunications company, and wholesale telecommunication
services provider ETN Singapore, promises Vietnamese working overseas a
more economic mobile telephone service.
Called VNPT - G.S., the new setup is
headquartered in Singapore and equally owned by both companies. It aims
to offer consumer-based telecom services to expatriate Vietnamese
residing in the Asia-Pacific and Middle East regions, officials said at
a signing ceremony here Tuesday.
VNPT - G.S. will initially focus on
providing voice services, and operate primarily on a Mobile Virtual
Network Operator (MVNO) model and "piggy back" on existing
telecommunication networks operated by various infrastructure service
providers in the region. VNPT - G.S. plans to offer prepaid SIM cards
that provide attractive pricing to Vietnamese expatriates and overseas
travelers, company executives said.
For example, over 95 percent of the
Vietnamese mobile market is based on prepaid services, which can
require consumers to deposit US$700 to access global roaming services.
VNPT - G.S. said it will offer such customers a more affordable
alternative.
Richard Tang, CEO of VNPT - G.S., told
ZDNet Asia that it will roll out its service to wholesale customers in
the next few weeks, and to the retail market over the next three months.
"Our operations will be quickly
initiated in Singapore, Malaysia, Korea and Taiwan, with Australia,
Japan, the United Arab Emirates and Qatar to follow later in 2009,"
said Tang, who is also CEO of ETN Singapore.
The joint venture will initially employ
five full-time staff seconded from each of the two partners, but plans
to expand its headcount to 15 within the first year.
Tang Ngoc Truong An, deputy general
director of VNPT Global Investment JSC, noted in a press statement:
"There are currently around 2 million expatriate Vietnamese in the
targeted regions, a population which is growing by over 30 percent per
annum."
VNPT - G.S. said it aims to capture 50
percent of the market.
Provided by ZDNet Asia—Where
Technology Means Business
Click
here for the original article.
|
By Sol E. Solomon, ZDNet Asia
Tuesday, July 08, 2008 07:32 PM
SINGAPORE--A joint venture between
VNPT, Vietnam's largest telecommunications company, and wholesale
telecommunication services provider ETN Singapore, promises Vietnamese
working overseas a more economic mobile telephone service.
Called VNPT - G.S., the new setup is
headquartered in Singapore and equally owned by both companies. It aims
to offer consumer-based telecom services to expatriate Vietnamese
residing in the Asia-Pacific and Middle East regions, officials said at
a signing ceremony here Tuesday.
VNPT - G.S. will initially focus on
providing voice services, and operate primarily on a Mobile Virtual
Network Operator (MVNO) model and "piggy back" on existing
telecommunication networks operated by various infrastructure service
providers in the region. VNPT - G.S. plans to offer prepaid SIM cards
that provide attractive pricing to Vietnamese expatriates and overseas
travelers, company executives said.
For example, over 95 percent of the
Vietnamese mobile market is based on prepaid services, which can
require consumers to deposit US$700 to access global roaming services.
VNPT - G.S. said it will offer such customers a more affordable
alternative.
Richard Tang, CEO of VNPT - G.S., told
ZDNet Asia that it will roll out its service to wholesale customers in
the next few weeks, and to the retail market over the next three months.
"Our operations will be quickly
initiated in Singapore, Malaysia, Korea and Taiwan, with Australia,
Japan, the United Arab Emirates and Qatar to follow later in 2009,"
said Tang, who is also CEO of ETN Singapore.
The joint venture will initially employ
five full-time staff seconded from each of the two partners, but plans
to expand its headcount to 15 within the first year.
Tang Ngoc Truong An, deputy general
director of VNPT Global Investment JSC, noted in a press statement:
"There are currently around 2 million expatriate Vietnamese in the
targeted regions, a population which is growing by over 30 percent per
annum." VNPT - G.S. said it aims to capture 50 percent of the market.
Click
here for the original article.
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By : Timothy Ouyang, Channel NewsAsia
Date : 08 Jul 2008 2051 hrs (GMT +8hrs)
SINGAPORE: Vietnam's largest telecoms
company, VNPT, has formed its first overseas joint venture.
It is tying up with wholesale telecom
service provider, ETN Singapore, to build a new international mobile
telecom operator through Mobile Virtual Network Operator agreements in
Singapore and across the region.
The 50-50 joint venture, totalling S$1
million, will target the estimated 2 million Vietnamese expatriates
living outside the country.
VNPT expects to capture up to half of
this market.
The company is currently in talks with
Singapore's three main telcos, and expects to launch its services here
within six months.
VNPT also plans to expand its
operations to Malaysia, Taiwan and Korea within the next two years.
-CNA/os
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- - VNPT-GS is the footprint of VNPT Global in Asia Pacific region.
VNPT-GS operates as a bridge to connect Vietnamese communities in Asia
Pacific and Vietnam.
- - VNPT-GS is strongly supported by VNPT - the leading telecom
operator in Vietnam with powerful telecom networks nationwide and 35
million subscribers (fixed, mobile).
- - VNPT-GS's mission is to provide various, modern telecom
services
for customers in Asia Pacific, especially Vietnamese communities living
in the region and local companies having business ties with Vietnam.
- - With prominent competitive advantages in terms of network
quality,
reasonable tariff, excellent customer care, strong support from VNPT in
Vietnam, VNPT-GS will be a dynamic, reliable partner for all telecom
carriers in Singapore and other countries in Asia Pacific region.
- - Based on initial operations in Singapore, VNPT-GS will
expand its
business operations throughout Asia Pacific region in order to serve
Vietnamese communities at all corners in the region.
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