Tuesday 10 June 2008

Who will be strategic shareholders of MobiFone?

Tuesday, June 10, 2008
Unstopped slump of the stock market did not affect to the desire of the world's leading telecommunication groups to become strategic shareholders of Viet Nam's MobiFone-the first mobile telecom service provider making equitisation.

A source from MobiFone said that without an exact equitisation schedule, but there were many foreign partners seeking investment opportunities in MobiFone. Le Ngoc Minh, the local firm's director revealed that foreign partners include Comvik, Vodafone, France Telecom, NTT Docomo, SingTel, and T-Mobile.

In the ceremony to launch one search-the first search service via cell phones in Vietnam-provided by Yahoo and MobiFone, the commerce director of VodaFone Asia region, Phil Patel said he could not reveal any information on its strategy for MobiFone.

At this time, the weightiest partners from Russia and Middle East who also paid much attention to MobiFone's equitisation have not yet showed up, added Minh. (TN)