MobiFone and VinaPhone set for a merger

Two Vietnamese giant mobile service providers, MobiFone and VinaPhone, will merge to strengthen their operations, one official said. MobileFone and VinaPhone may merge soon Phan Hoang Duc, Deputy General Director of the Vietnam Posts and Communications Group (VNPT), the holding entity of the providers, confirmed this on March 19. However, the Ministry of Information and Communication has not yet made any official announcement. VNPT has been considering the possible merger of MobiFone and Vinaphone for some time, and the move has been included in its restructuring plans. Once the merger is completed, VNPT will hold a 58% share of the Vietnamese mobile market. The group will also manage the majority of mobile accounts. Currently, VinaPhone and MobileFone are providing services to around 80 million subscribers. Many subscribers have expressed worries about the possible disorder and the protection of their interests after the merger. However, Duc was reassuring, saying, "After the merger, these providers will share the same infrastructure and maintain customers' interests." Forex News - Festival Hue 2012 - Travel to Vietnam - Tour to Vietnam - Tour Ghep Mien Trung - Tour Festival Hue - Tour Lao - Tour Trang MatEbook - Tour Du Lich Da Lat - Tour Du Lich Le 30 - 4 va 1 - 5 - How To Weight Loss
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