Photo: VGP The Vietnamese Government chief, who is in Laos to attend the 40th meeting of the Viet Nam-Laos Inter-Governmental Committee, highly valued the efforts of the Unitel, a trademark of the Star Telecom and a joint venture between Viet Nam’s Viettel Group and Laos’ Asia Telecom, to provide services covering up to 95% of Laos’ territory.PM Phuc suggested the Star Telecom to continue coordinating with Lao authorities in e-Government and scientific and technological development, thus contributing to socio-economic progress in the neighboring country. He also expressed thanks to Laos for its support and assistance to the Star Telecom to become a typical example of economic cooperation between the two countries. Unitel Director General Cao Anh Son said Unitel has been the largest telecom operator in Laos during the past seven consecutive years with 2.8 million customers, accounting for 52% of the market share in Laos. The Unitel has also helped create positive changes in Laos’ telecom sector as the number of Laotians accessing to mobile phones has risen significantly. After nine years of operation, Unitel has earned accumulated revenues of US$1.22 billion./. By Quang Minh
Under the contract, GTel holds 60 percent of the new GTel Mobile joint-stock company and the Russian partner holds the remaining. The signing ceremony was attended by Vietnam’s Minister of Public Security and Minister of Information and Communications Le Doan Hop and the Charge d’Affaires of the Russian Embassy. Addressing the event, Deputy Minister of Public Security Dang Van Hieu said the joint-venture was part of a partnership strategy between Vietnam and Russia and is expected to contribute to promoting the traditional friendship between the two countries. GTel executives said the joint-venture would provide its customers with all telecommunications services…... [read more]
The Vietnamese government has authorized the Vietnam Coal and Mineral Industry Group (TKV) to set up joint stock companies with foreign partners to develop bauxite and aluminum mining projects, its website has said. According to www.chinhphu.vn, TKV must hold at least 51 percent of any joint venture, with foreign partners allowed to hold 40 percent and the remaining 9 percent offered to the public. The Vietnamese group may invite US mining giant Alcoa to join the Nhan Co aluminum project in the central highlands province of Dak Nong, with the foreign company to hold as much as 40 percent of…... [read more]
VIENTIANE (Biz Hub) — The Unitel network of Star Telecom Joint Venture Company is leading the telecom market in Laos with 2.3 million subscribers, accounting for 49 per cent of the market share.Unitel was one of the three largest taxpayers in the country in 2013.Speaking at the fifth anniversary of its operations in Vientiane on October 16, Unitel General Director Hoang Van Luan said that the company will maintain its current growth rate. He added that it will also increase investment in technology to provide telecom services of the best quality in Laos.Unitel has 3,000 base transceiver stations in 17…... [read more]
(VOV) - Star Telecom - Unitel, a joint venture between Lao Asia Telecom and the Vietnam Military Telecommunications Group (Viettel), has won the World Communications Awards 2012 (WCA 2012). Viettel wins Peru mobile phone contract Viettel's investment reaches out to East Timor The announcement was made at a press conference in Vientiane, Laos on November 26. The WCA 2012 is one of the most prestigious telecommunications prizes launched by the UK's Total Telecom magazine since 1999. Laos' Vice Minister of Post and Telecommunications Thansamay Kommasit said this is the first time representatives from the Lao telecoms sector has received an…... [read more]
Vietnam's first joint venture on providing internet broadband services based on Long Term Evolution or LTE technology was formed between the Vietnam Posts and Telecommunications Group (VNPT) and Russian Alltech Group. The joint venture will provide internet broadband services based on LTE technology, having chartered capital of VND1.6 trillion ($84.2 million). Of which, VNPT holds 51 per cent stake of the joint venture. Alltech partner will contribute into the joint venture management and business experiences, technologies along with funding. VNPT has co-operated with Alltech Telecom to test 4G/LTE network and service in Viet Nam after receiving a test and frequency…... [read more]
