DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2c9a20/vietnam_telecommun) has announced the addition of the "Vietnam Telecommunications Report Q2 2011" report to their offering.
Business Monitor International's Vietnam Telecommunications Report provides industry professionals and strategists with independent forecasts and competitive intelligence on Vietnam's telecommunications industry.
In January 2011, it was announced that the purchase of a 49% stake in EVN Telecom by the Corporation for Financing and Promoting Technology (FPT) had been approved by Vietnam's prime minister, as part of a plan to privatise the state-owned operator. The state will retain a 50.6% stake in EVN Telecom, while a 0.4% stake will be sold to EVN Telecom's employees. In addition to providing capital to expand EVN Telecom's mobile and 3G networks, the deal will enable FPT to enter the mobile and fixed-line industries without building additional telecoms infrastructure.
According to the latest data, the number of Vietnamese internet users grew by an impressive 19.1% in 2010. A combination of an improved economic climate, together with strong growth in the number of mobile broadband connections, is thought to have contributed to stronger growth in the number of internet users compared with 2009.
Meanwhile, this quarter sees the introduction of a revised estimate for the number of Vietnamese broadband subscribers at the end of 2010. The new estimate takes account of mobile broadband connections which are offered by the country's 3G network operators and which appear to be having a negative impact on demand for fixed broadband subscriptions based on DSL. The new estimate of 3.76mn broadband subscribers at the end of 2010. This report estimates that Vietnam's broadband subscriber market grew by 26.7% in 2010. In 2011, BMI predicts that the broadband sector will grow by 28.4%.
This quarter sees no further changes to Vietnam's position in the report's Business Environment Ratings table for the Asia-Pacific region. The country remains in 17th position, above Sri Lanka but below regional neighbours such as Thailand and Cambodia. Contributing to Vietnam's low overall score are its weak and declining mobile ARPU rates, a relatively small fixed broadband sector which is dependent on DSL, a high urban/rural split, a low GDP per capita and a strong government presence within the sector.
Companies Mentioned:
- Vietnam Posts & Telecommunications (VNPT)
- Viettel
- MobiFone
- VinaPhone
- S-Fone (S-Telecom)
- Hanoi Telecom
- EVN Telecom
- FPT Telecom
For more information visit http://www.researchandmarkets.com/research/2c9a20/vietnam_telecommun.