VNPT to submit restructuring plan by year-end

31 Aug 2012

State-owned national PTO Vietnam Posts and Telecommunications (VNPT) has been asked to submit its restructuring plan for final approval by the end of the year, according to a report by Vietnam Business News. The move forms part of a government plan to restructure state-owned companies in order to boost competition in certain markets. VNPT is the largest fixed telephony and broadband provider in Vietnam and also owns 100% of the country’s second and third largest mobile operators by subscribers, Vinaphone and MobiFone.

Vietnam, VNPT-Vinaphone