Vimpelcom’s GTel to join mobile market

24 Jan 2008

VietNamNet Bridge reports that the Ministry of Information and Communications (MIC) is ready to grant a licence to Global Telecom Corporation (GTel) to offer mobile services. GTel is backed by Russian giant Vimpelcom, which is said to be prepared to invest up to USD1 billion into the GTel mobile network over the next few years. An MIC official confirmed that GTel asked permission to supply GSM-based mobile services, and the Ministry is working on the necessary formalities adding that GTel will be licensed to use the 1800 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 licence new networks. The 800MHz-900MHz frequency band is out and we only have 1800 MHz frequency left,’ the official said.