Hanoi Telecom plans to acquire EVN 3G network

Hanoi Telecom Corp, an owner of Vietnammobile, has submitted a proposal to the Prime Minister to purchase 3G broadband and network infrastructure from the faltering EVN Telecom.
Hanoi Telecom Corp, an owner of Vietnammobile, has submitted a proposalto the Prime Minister to purchase 3G broadband and networkinfrastructure from the faltering EVN Telecom.

EVN Telecom's entire fibre-optic infrastructure system and its othertelecommunications infrastructure should be handed over to other majorgroups to be exploited more effectively, the company suggested in itsproposal.

If approved, the deal will create morefavourable conditions for Hanoi Telecom, a young telecommunicationsenterprise, to accelerate its development and better enhance itspresence in the domestic telecommunications market which is currentlydominated by MobiFone, Vinaphone and Viettel.

DeputyMinister of Information and Communications Le Nam Thang previously saidthat it was time to merge EVN Telecom with another State-owned networkoperator.

EVN Telecom, a subsidiary of the VietnamElectricity Group (EVN), has been suffering considerable losses and debtdue to connection fees and frequency charges./.

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