Mobile telecommunications businesses must find new space to develop

A building of VNPT. — Photo vietnamplus.vn

HÀ NỘI For many years, the mobile telecommunications market has been at the saturation point and the trend of using OTT services has replaced traditional calling and texting services, which has caused the core revenue stream of the network to decline, with revenue growth rates and profits of many telecommunications businesses falling sharply.

The Kinh tế Việt Nam (VnEconomy – Vietnam Economic Times) Magazine quoted the Minister of Information and Communications Nguyễn Mạnh Hùng as saying that the growth of network operators had been low in recent years, lower than the country’s GDP growth.

Viettel’s domestic telecommunications increased by 2-5 per cent, VNPT from 2-3 per cent, MobiFone from 4-10 per cent each year.

A new generation telecommunications network with good growth must be around 10 per cent, and satisfactory growth…



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