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Tag: Gtel

  • FPT Retail debuts mobile virtual network in Vietnam

    FPT Retail debuts mobile virtual network in Vietnam

    Electronics retailer FPT Retail has unveiled its own mobile virtual network, marking it as the country’s fifth such network.

    Known for operating the FPT Shop chain and being a subsidiary of the tech giant FPT, FPT Retail does not have its own network infrastructure but leases network services from MobiFone and offers subscriptions to consumers at its own pricing.

    With an established ecosystem that includes over 800 FPT Shops across 63 Vietnamese cities and provinces, FPT Retail is poised to leverage its substantial retail presence. These shops annually sell around 1.5 million smartphones and various electronic gadgets.

    The new network will be infused with advanced features like cloud computing and artificial intelligence, targeting a demographic keen on cutting-edge technologies, specifically younger consumers. It also aims to cater to businesses and households.

    FPT Retail’s strategy involves incorporating various FPT services into the network, enhancing the overall user experience, said CEO Hoang Trung Kien.

    The introduction of this network adds to the existing roster of mobile virtual network operators in Vietnam, which currently includes iTel, Wintel, Local, and VNSKY.

    As of early 2023, these operators collectively serviced about 2.56 million subscribers, accounting for 2.1% of the total Vietnamese market.

    The majority of the market is still dominated by five telecom firms that own network infrastructure, namely VinaPhone, Viettel, MobiFone, Vietnammobile, and Gtel.

  • Mobile virtual network operators hold 1% market share

    Mobile virtual network operators hold 1% market share

    With over one million subscribers, the country’s three mobile virtual network operators, who piggyback on large telecom companies, have a market share of 1%.

    iTel, Reddi and Local do not have their own infrastructure or radio frequencies and instead pay to use VinaPhone, Viettel, MobiFone, Vietnamobile, or Gtel’s.

    iTel, which depends on VinaPhone’s infrastructure and frequencies, has one million subscribers, according to the Ministry of Information and Communications.

    It reported revenues of VND442 billion ($18.4 million) this year, 4.5 times the whole of last year’s, and profits of VND28 billion.

    Reddi, which has nearly 50,000 subscribers, saw sales of VND15 billion. It had losses of VND27.8 billion and VND55.9 billion in 2020 and 2021.

    Local, which launched its services in mid-2022, focuses on providing low-cost data packages, which are preferred by young people.

    In April Digilife Vietnam Digital Services Company received a mobile virtual network operator’s license but has yet to begin offering services.

    Such companies focus on attracting customers interested in large data packages at reasonable charges such as workers, students and foreign tourists.

    Vietnam had nearly 120 million mobile phone subscribers, including some 93.7 million using smartphones, according to the ministry.

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  • GTel Mobile has become Vietnam’s fourth 4G licensee

    GTel Mobile has become Vietnam’s fourth 4G licensee

    GTel Mobile has become Vietnam’s fourth 4G licensee, joining MobiFone, Viettel and VNPT in securing a license.

    As with the major operators, GTel Mobile has secured permission to deploy 4G services on the 1800-MHz band.

    GTel Mobile is owned by Vietnam’s Global Telecommunications Corporation (GTC).

    The operator was originally established as a joint venture between Russia’s Vimpelcom and GTC, providing services under the Beeline brand, but Vimpelcom sold its indirect 49% stake in April 2012. The company now provides services under the Gmobile brand.

    The news comes days after the government revealed it had allocated 4G licenses to MobiFone, Viettel and VNPT. The telecoms ministry has set a target of ensuring at least 95% of Vietnam’s population is covered with 3G or 4G infrastructure by 2020.

    GTel’s license acquisition leaves Vietnamobile as the market’s only operator yet to secure a 4G license, the report adds.