EVN telecoms revenue misses 2010 target

14 Jan 2011

Vietnamese utilities company Electricity of Vietnam (EVN), which provides fixed line and mobile services via subsidiary EVN Telecom, has announced it generated revenue of VND2.885 trillion (USD146.9 million) from telecoms services in 2010, Vietnam Business News reports. The figure equated to only 61% of the year’s target of VND4.729 trillion, according to EVN’s general director, Pham Le Thanh. In 2011 the group is hoping to generate revenue of VND4.536 trillion from the telecommunications sector, as well as sign up a further six million subscribers, including 1.5 million 3G customers.

Vietnam, EVN Telecom