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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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