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Cập nhật ngày: 29/12/2008, 15:40 GMT+7.

Viettel to hold 15% stake in Military Bank

Viettel was approved in principle to keep 15% stake in Military Commercial Joint Stock Bank and become the strategic shareholder of the local bank, according to the governmental office's Official Letter No 8822/VPCP-KTTH. In which, the telecom provider will have to contribute 10% capital within this year.

On December 16, MB announced that it finished the registration procedures for the new chartered capital of 3.4 trillion dong.

Additionally, Informa Plc-the world's leading institution in terms of statistics information provision reported that Viettel was ranked 83rd among top 100 largest trade names of the global telecommunication sector.

The trade name value of Viettel is estimated at US$536 million and it is the only Vietnamese firm listed in top 100 telecom companies of the world, standing above Singapore's SingTel.

In October 2008, Viettel was also selected to be one of four best telecom providers in developing counties by World Communication Awards (WCA).

Moreover, Viettel has continuously climbed up in the ranking list of good telecom service providers based on the subscriber figure offered by Wireless Intelligence. Accordingly, the military run telecom firm ranked 53 in the first quarter of 2008, up 42nd in Q2, and now 41st position among the world's 650 telecom service companies.

From: Intellasia




              




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