ISP profits drop as fiber optical cable fees fall - News Summed Up

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ISP profits drop as fiber optical cable fees fall


ISP profits drop as fiber optical cable fees fallVietNamNet Bridge - The low fiber-optical cable rates and continued departure of subscribers have contributed to a decline in profits for internet service providers (ISPs). The low fiber-optical cable rates and continued departure of subscribers have contributed to a decline in profits for internet service providers (ISPs). But the fee is not high enough to bring profits to service provider, because the investment rate on fiber optical cables is very high.Experts warned that the price war will harm the market because the monopoly will return. The two partners have agreed that they won’t lower the service fee further.FPT has decided to follow its own way. In early July 2016, it decided to increase the bandwidth capacity by 20-70 percent and adjust the service fee by VND10,000-30,000.


Source: VietNamNet News August 24, 2016 02:37 UTC



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