Business

MobiFone asks for four million numbers

The MobiFone Telecommunications Corporation has asked the Ministry of Information and Communications to have 4 million additional numbers with the prefixes "086", "087", "088" and "089".
MobiFone asks for four million numbers ảnh 1A customer makes enquiries at a MobiFone shop in Hanoi (Photo: VNA)

The MobiFone Telecommunications Corporation has asked the Ministry of Information and Communications to have 4 million additional numbers with the prefixes "086", "087", "088" and "089" serving the domestic market.

The proposal was made by Bui Son Nam, head of Mobifone's Business Department, during the company's Q3 business performance review meeting held in mid-October in Hanoi.

At the meeting, Le Nam Tra, chairman of the Mobifone, said that by September this year, Mobifone accounted for a market share of 26.11 percent or a year-on year growth of 1.6 percent. The number of new subscribers reached 11 million with a year-on-year increase of 94.7 percent.

In the first nine months, the company's total revenue is estimated to reach 27.2 trillion VND (1.2 billion USD) , bringing a profit of 5.67 trillion VND (252.7 million USD).

According to Tra, in the fifth quarter, Mobifone will strive to complete 100 percent of its yearly plan with revenues of 36.4 trillion VND (1.63 billion USD), bringing a profit of 7.3 trillion VND (328.2 million USD).

Tra emphasised that in the fourth quarter, the company will face more challenges. Therefore, it needs to continue implementing assigned missions such as equitisation, investment and business development.

To carry out these missions, the company will enhance its investment to extend coverage network and focus on investing in new technology and key markets.

Speaking at the meeting, Deputy Minister of the Ministry of Information and Communications Pham Hong Hai hailed the company's fast subscriber development, revenue and profit in the third quarter.

The deputy minister asked the company to spur the development of large-scale projects such as 4G-LTE noting that the company needs to study carefully and outline specific plan for the development of 4G-LTE and its business performance.

He also warned that the company should strictly control pre-paid subscribers and be ready to implement a pilot programme on mobile number portability that allows users to keep their existing mobile telephone number when switching to another network from December this year.

By the end of this October, the company is expected to submit to the ministry its plan to review and consider the next step of its equitisation process.

In addition, the company already finished withdrawing its capital from non-core businesses in NEO and Smart Media. It is now implementing to withdraw capital from TPBank and SeaBank.

MobiFone's operator was rechristened the MobiFone Telecommunications Corporation from the Vietnam Mobile Telecom Services Company last December, after the firm was separated from the VNPT and was placed under the supervision of the Ministry of Information and Communication last year.-VNA

VNA
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