Nexans Group in Viet Nam plans to earn US$80 million in revenue this year, up 10 per cent from last year.
The group has set up three joint ventures in the country, including Nexans Vietnam, Nexans Lioa and Nexan Telecom.
Nexans Global, which supplies cables and cable systems, committed to making Viet Nam a key investment destination in the region, said Michel Lemaire, deputy chairman of Nexans in the AsiaPacific region.
Showing posts with label Telecom. Show all posts
Showing posts with label Telecom. Show all posts
Sunday, February 22, 2009
GTel to join mobile information market
The Ministry of Information and Communications is finalizing formalities to grant an early license to GTel Telecom Corporation, under the Ministry of Public Security, to offer mobile services.
The mobile information market is awaiting a newcomer, GTel. Existing operators are concerned because behind GTel is Vimpelcom, the second biggest mobile service provider in Russia.
New kid on the block
It is rumored that GTel does not have abundant financial resources, so it will have to rely on its Russian partner, Vimpelcom, said to have invested $1 billion into the GTel Mobile network, the biggest investment ever in a domestic mobile network.
Experts said that to quickly operate its network, GTel will learn from HT Mobile’s experience. GTel will organize tenders to choose equipment providers and installers like HT Mobile hired Nortel. Analysts say GTel will have to choose this method because it needs to quickly implement its network but doesn’t have sufficient human resources.
As a newcomer, GTel will face labor shortage challenges because it is in the public security sector, which has no relation with telecom. Experts say this operator will lure employees of other mobile networks with incentives and titles.
Frequency change
The Ministry of Public Security on November 2, 2007 signed a decision to establish the Global Telecom Corporation or GTel. Previously, the Ministry and Vimpelcom signed a principle agreement during Prime Minister Nguyen Tan Dung’s official visit to Russia in September 2007. Under the agreement, a GSM-based mobile telecom joint venture named GTel Mobile will be established in Vietnam. Vimpelcom also announced it would invest $1 billion into Vietnam in the next few years to develop a GSM system. The Russian partner said also participating in this joint venture is the US’ Millennium Global Solutions Group.
It is said that the Ministry of Information and Communications will allow GTel to provide mobile services at 1,800 MHz. However, experts say that if GTel uses this frequency, it will have to install many more base transceiver stations than those who are licensed to use 800-900 MHz.
An official from the Ministry of Information and Communications on January 17 confirmed that GTel asked permission to supply GSM-based mobile services, and the Ministry is working on the necessary formalities. He also said GTel will be licensed to use the 1,800 MHz frequency.
“According to Vietnam’s WTO commitments, we don’t restrict the number of mobile service providers in Vietnam, but if our frequency resources run out, we can’t license new networks. The effective frequency (800-900 MHz) is out and we only have 1,800 MHz frequency left,” the official said. (Buu Dien VN Newspaper)
The mobile information market is awaiting a newcomer, GTel. Existing operators are concerned because behind GTel is Vimpelcom, the second biggest mobile service provider in Russia.
New kid on the block
It is rumored that GTel does not have abundant financial resources, so it will have to rely on its Russian partner, Vimpelcom, said to have invested $1 billion into the GTel Mobile network, the biggest investment ever in a domestic mobile network.
Experts said that to quickly operate its network, GTel will learn from HT Mobile’s experience. GTel will organize tenders to choose equipment providers and installers like HT Mobile hired Nortel. Analysts say GTel will have to choose this method because it needs to quickly implement its network but doesn’t have sufficient human resources.
As a newcomer, GTel will face labor shortage challenges because it is in the public security sector, which has no relation with telecom. Experts say this operator will lure employees of other mobile networks with incentives and titles.
Frequency change
The Ministry of Public Security on November 2, 2007 signed a decision to establish the Global Telecom Corporation or GTel. Previously, the Ministry and Vimpelcom signed a principle agreement during Prime Minister Nguyen Tan Dung’s official visit to Russia in September 2007. Under the agreement, a GSM-based mobile telecom joint venture named GTel Mobile will be established in Vietnam. Vimpelcom also announced it would invest $1 billion into Vietnam in the next few years to develop a GSM system. The Russian partner said also participating in this joint venture is the US’ Millennium Global Solutions Group.
It is said that the Ministry of Information and Communications will allow GTel to provide mobile services at 1,800 MHz. However, experts say that if GTel uses this frequency, it will have to install many more base transceiver stations than those who are licensed to use 800-900 MHz.
An official from the Ministry of Information and Communications on January 17 confirmed that GTel asked permission to supply GSM-based mobile services, and the Ministry is working on the necessary formalities. He also said GTel will be licensed to use the 1,800 MHz frequency.
“According to Vietnam’s WTO commitments, we don’t restrict the number of mobile service providers in Vietnam, but if our frequency resources run out, we can’t license new networks. The effective frequency (800-900 MHz) is out and we only have 1,800 MHz frequency left,” the official said. (Buu Dien VN Newspaper)
Ericsson lands major VNPT equipment contract
The nation’s leading phone company, VNPT, has selected Ericsson to supply telecommunications equipment that can accommodate 200,000 new fixed-line telephone subscribers in the central region.
The deal is part of the second phase of a VNPT project to expand services in the central region. In the first phase, begun in August 2006, Ericsson was awarded the equipment contract to add 600,000 fixed-line telephone subscribers.
Ericsson’s presence in Viet Nam dates back over 15 years when the Swedish-based firm started its first telephone network project in Viet Nam. Financial information about the latest deals has not been released.
In 2005, Ericsson previously won a bid on the Central Viet Nam Rural Telecom Network project, a communications development project financed by a loan from the Japan Bank for International Cooperation (JBIC) to expand phone service in remote, low-telephone penetration areas in 10 provinces in the central region
Meanwhile, the distinctly Swedish brand also recently announced the establishment of its wholly-owned company in Viet Nam, named Ericsson Viet Nam Ltd Co.
According to Eddie Ahnam, general director of Ericsson Viet Nam Ltd Co, the company, which has a total investment capital of US$1.4 million, will increase its investment in line with the market’s growing demand.
Ericsson Viet Nam will provide the local market with equipment and network system solutions, services in network management and control, multimedia and systems integration and mobile phones. (VNS)
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The deal is part of the second phase of a VNPT project to expand services in the central region. In the first phase, begun in August 2006, Ericsson was awarded the equipment contract to add 600,000 fixed-line telephone subscribers.
Ericsson’s presence in Viet Nam dates back over 15 years when the Swedish-based firm started its first telephone network project in Viet Nam. Financial information about the latest deals has not been released.
In 2005, Ericsson previously won a bid on the Central Viet Nam Rural Telecom Network project, a communications development project financed by a loan from the Japan Bank for International Cooperation (JBIC) to expand phone service in remote, low-telephone penetration areas in 10 provinces in the central region
Meanwhile, the distinctly Swedish brand also recently announced the establishment of its wholly-owned company in Viet Nam, named Ericsson Viet Nam Ltd Co.
According to Eddie Ahnam, general director of Ericsson Viet Nam Ltd Co, the company, which has a total investment capital of US$1.4 million, will increase its investment in line with the market’s growing demand.
Ericsson Viet Nam will provide the local market with equipment and network system solutions, services in network management and control, multimedia and systems integration and mobile phones. (VNS)
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