Vietnam grant licenses for 3G project
February 20, 2005
The Vietnamese government has licensed a US$650 million mobile
telephone joint venture led by Hutchison Telecommunications to build
a 3G mobile phone network in the country.
Hutchison will partner Vietnam's Hanoi Telecom and the two firms
will invest under a business co-operation contract
The joint venture will develop and operate a 3G network for 15
years using CDMA2000 technology.
About 2.9 million subscribers in Vietnam are expected to sign on
during its first 10 years of operations, said Hanoi Telecoms officials.
Currently, Vietnam has about 5 million mobile phone users according
to figures from The Ministry of Planning and Investment, a 60% rise
from a year ago.
Last year, Hanoi also signed a contract with American company Qualcomm
to set up a training centre for CDMA technology.
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