Vietnamese telecoms operators EVN Telecom and Hanoi Telecom Company have signed a VND6 million (USD338 million) 3G network and services agreement. As reported by CommsUpdate on 9 June 2009, the pair plan to construct 5,000 base transceiver stations (BTS) over the next three years to provide 50% of residential areas with third generation services. At present, EVN Telecom operates close to 3,000 BTS and Hanoi Telecom around 1,200. EVN and Hanoi Telecom received a licence to build and operate a 3G network together in April 2009 from the country’s Ministry of Information and Communication (MIC) and plan to launch commercial 3G services in the first quarter of 2010 at the latest. In addition to the consortium, military-run Viettel Telecom, as well as Vinaphone and MobiFone, which are both run by state telco Vietnam Posts and Telecommunication Group (VNPT), received licenses to launch 3G services in the country.