NTT and VNPT to set up joint venture

28 Nov 2007

NTT Communications (NTT Com), a subsidiary of Japanese incumbent NTT, and state-owned telco Vietnam Posts and Telecoms Group (VNPT), are to form a new joint venture, Global Data Service (GDS), in Hanoi early next year. GDS will provide data services and plans to set up data centres in Hanoi by mid-2008 and Ho Chi Minh City in early 2009. The centres will offer co-location and hosting services, backed up with their own generators and uninterruptible power supply.

NTT Com will take a 40% stake in GDS and VNPT will own the remainder.

Vietnam, NTT Communications, VNPT-Vinaphone