This section features background information and resources relevant to the current research theme. It includes resources produced by WDR and external sources and is organised by regions and topics. An archive of resources recommended in previous research cycles is also available along with news from the WDR/Intelecon Regulatory News Service.
| Vietnam: VimpelCom Obtains License and Spectrum |
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| Wednesday, 24 September 2008 | |
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VimpelCom’s joint-venture company in Vietnam, GTEL-Mobile, has received a GSM license and spectrum. In July 2008 VimpelCom established a joint-venture with Global Telecommunications Corporation (GTEL), a state-owned Vietnamese operator, and GTEL TSC, a subsidiary of GTEL. VimpelCom is paying US$ 267 million for its 40% equity interest in the joint-venture. GTEL and GTEL TSC own an equity interest of 51% and 9%, respectively. Alexander Izosimov, CEO of VimpelCom said, “The registration of GTEL-Mobile and the receipt of the GSM license and frequencies is the key milestone in the building of our Vietnamese business. Now, with all the procedural issues solved, we can focus all our efforts on the network rollout and the preparation of commercial launch.” Source: Cellular-News - WDR/Intelecon Regulatory News. |
