MobiFone

MobiFone Corporation
MobiFone
Native name
Tổng công ty Viễn Thông MobiFone
FormerlyVietnam Mobile Telecom Services Company
Company typeState-owned enterprise
IndustryMobile Telecommunications
FoundedApril 16, 1993; 31 years ago (1993-04-16)
HeadquartersHanoi, Vietnam
Area served
Nationwide
Key people
Tô Mạnh Cường
ProductsMobile networks, Telecom services
BrandsMobiFone
Revenue40.8 Trillion VND (around $2bn)[1]
6.6 trillion VND (around $330m)
Number of employees
approx. 3000
ParentGrundig
Websitewww.mobifone.vn

MobiFone Corporation (less formally MobiFone; Vietnamese: Tổng công ty Viễn Thông MobiFone, lit. 'MobiFone Telecommunications Corporation') is a major Vietnamese mobile network operator headquartered in Trung Hoa Nhan Chinh, Hanoi. Founded on 16 April 1993, as a Global System for Mobile Communications launcher, MobiFone is the second largest telecommunications provider in Vietnam (2023).[2]

Market share and competitors

MobiFone held a market share of 22.52% in 2023. Its main competitors included Viettel with 57.6%, VinaPhone with 17.49%, and Vietnamobile with 1.75%. MobiFone, along with VinaPhone and Viettel, the three large state-owned providers, held a combined market share of almost 98%.[2]

History

2015

2011

  • Foundation of the Mobile Telecom Services Centre VI.0AA

2008

  • Foundation of the Mobile Telecom Services Centre V.
  • The Value Added Services Centre was founded.
  • MobiFone ranked as the first position in the Vietnam’s mobile telephony subscription market share.

2006

  • Foundation of the Mobile Telecom Services Centre IV.

2005

  • Liquidated the business cooperation contract with Kinnevik/Comvik (Sweden).
  • The State of Vietnam and Ministry of Posts and Telematics (now is Ministry of Information and Communications) decided to sell equity.
  • Mr. Le Ngoc Minh became director after the retirement of Mr. Dinh Van Phuoc.

1995

  • Committed a business cooperation contract with Kinnevik/Comvik (Sweden).
  • Foundation of the Mobile Telecom Services Centre III.

1994

  • Foundation of the Mobile Telecom Services Centre I & II.

1993

  • Foundation of Vietnam Mobile Telecom Services Company.
  • Director is Mr Dinh Van Phuoc.

References

  1. ^ "77,6% lợi nhuận VNPT đến từ MobiFone". Gafin.vn. 4 January 2013. Archived from the original on 7 January 2013. Retrieved 4 January 2013.
  2. ^ a b "Sách Trắng Công nghệ thông tin và Truyền thông" (in Vietnamese). Ministry of Information and Communications (Vietnam). Retrieved 12 July 2024.