Mobifone promotes overseas business
The MobiFone Telecommunications Corporation (MobiFone) will step up overseas business activities in a bid to fulfil its target of earning VND36.4 trillion (US$1.63 billion) in total revenue this year, with a profit of VND7.3 trillion (US$328.2 million), MobiFone Chairman Le Nam Tra has said.
Recently, the corporation has signed a cooperation agreement with Synchonoss/PostNET – a leader in cloud computing and digital technology – in providing a number of international telecommunications services as part of efforts to realise its development strategy for 2015-2020.
Under the deal, the two sides will collaborate in piloting Invoice Validation and Routing/Rating Optimisation services and developing Mobile Content Transfer and Personal Cloud services.
In the next five years, the company will increase investments to expand its coverage, focusing on new technology and key markets, Tra said.
Currently, MobiFone makes up 26.11% of the mobile phone market share in Vietnam, an increase of 1.6% against last year.
The number of new subscribers hit 11 million, a year-on-year growth of 94.7%.
In the first nine months this year, the corporation estimated its total revenue of VND27.2 trillion (US$1.2 billion) and profit of VND5.67 trillion (US$252.7 million).
It was rechristened the MobiFone Telecommunications Corporation from the Vietnam Mobile Telecom Services Company last December after being separated from the Vietnam Post and Telecommunications Group (VNPT) and is now placed under the supervision of the Ministry of Information and Communication.
Under the deal, the two sides will collaborate in piloting Invoice Validation and Routing/Rating Optimisation services and developing Mobile Content Transfer and Personal Cloud services.
In the next five years, the company will increase investments to expand its coverage, focusing on new technology and key markets, Tra said.
Currently, MobiFone makes up 26.11% of the mobile phone market share in Vietnam, an increase of 1.6% against last year.
The number of new subscribers hit 11 million, a year-on-year growth of 94.7%.
In the first nine months this year, the corporation estimated its total revenue of VND27.2 trillion (US$1.2 billion) and profit of VND5.67 trillion (US$252.7 million).
It was rechristened the MobiFone Telecommunications Corporation from the Vietnam Mobile Telecom Services Company last December after being separated from the Vietnam Post and Telecommunications Group (VNPT) and is now placed under the supervision of the Ministry of Information and Communication.