Telecom revenues down in first quarterThe revenue of Vietnamese network operators has suffered an uncharacteristic low in the first quarter of this year due to new legislation reducing top-up promotions for pre-paid subscribers from 50 per cent to 20 per cent. MobiFone Corporation reported a year-on-year increase of 6.3 per cent in revenue in the first quarter of the year.— Photo MobiFoneThe country’s three biggest network operators reported their business results for the first quarter at a meeting held by the Ministry of Information and Communications on Wednesday. Meanwhile, the military-run telecom group, Viettel, reported that it had achieved 23.4 per cent of the whole year’s revenue plan in the first quarter. A representative of Viettel said that the current trend in the world of telecom is 3G and 4G data. Meanwhile, the MobiFone Corporation reported a year-on-year increase of 6.3 per cent in revenue in the first quarter of the year.

Source: VietNamNet News April 06, 2018 01:41 UTC