Viettel ranks first in profits in telecom market - News Summed Up

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Viettel ranks first in profits in telecom market


Viettel ranks first in profits in telecom marketVietNamNet Bridge - Profits from January to August 2016 of telecom giants in Vietnam show that Viettel took the lead. Regarding profit, VNPT earned VND2,838 billion, equivalent to 66.5% of the plan for 2016. Thus, pre-tax profit in the first eight months of Viettel is 3.7 times higher than the profits of both VNPT and MobiFone. MobiFone’s international calls have declined sharply since early in the year, according to Nam. VNPT's Hung said that business results in international services have fallen and he proposed the Ministry review the regulation on ceiling prices for international calls as they are no longer appropriate.


Source: VietNamNet News September 08, 2016 04:30 UTC



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