Vietnam Cancels Two Mobile Network Licenses
Published on: 17th Mar 2014
Note -- this news article is more than a year old.
Vietnam's ICT Ministry has formally revoked the mobile operator licenses of two dormant mobile networks, S Fone and EVN Telecom.
EVN Telecom was taken over by Viettel in early 2012, while S-Fone mothballed its operations following a slump in subscribers, although it is still technically active.
S-Fone is a joint venture between SK Telecom and Sai Gon Postel (SPT), but was put on hold following the decision by SK Telecom to effectively walk away from the project in 2011.
The government will now have access to blocks of 450Mhz and 850Mhz spectrum that it can sell to the incumbent mobile networks
The Vietnamese telecom market is dominated by VinaPhone, Mobi-Fone and Viettel, which hold a combined 95 percent market share.