The business results of Viettel and other telecom companies were disclosed a State management review conference.
Viettel’s profit reached VND3,358 billion (US$148 million) in November only and the profit accumulated until November was VND37,880 billion (US$1.7 billion).
According to Vietnam Posts and Telecommunications Group (VNPT), the Group’s revenue reached 95 per cent of the plan, an 18 per cent year-on-year increase. Mobile subscribers increase steadily and broadband subscribers increased by 39 per cent over the same period last year.
Regarding MobiFone Telecommunications Corporation (MobiFone), MobiFone had 843,000 new subscribers in November, equaling 93 per cent of the plan.
Mobifone's revenue in November reached VND3,826 billion (US$168.7 million) and revenue accumulated to November was VND38,767 billion (US$1,71 billion). The profit in the first 11 months was estimated at VND5,245 billion (US$231,26 million).