Telecom MobiFone - MobiFone

Monday 24 October 2022

Telecom MobiFone

MobiFone Telecommunications Corporation (English: Vietnam Mobile Telecom Services One Member Limited Liability Company), formerly known as Vietnam Mobile Telecom Services Company - VMS, is a corporation under the Ministry of Information - Communication (before July 1, 2014 belonged to Vietnam Posts and Telecommunications Group - VNPT). 

(Taylor Swift Moon Sign) Established on April 16, 1993, VMS is the first enterprise in Vietnam to exploit GSM 900/1800 mobile communication services with the brand MobiFone.

Telecom MobiFone

The main field of activity of MobiFone is designing, building, developing networks and providing new mobile information services with modern advanced technology and techniques, and trading in mobile information services. GSM 900/1800 technology, modern 3G/4G/5G technology. MobiFone has also sponsored many TV game shows. Especially in 2017, MobiFone is also a sponsor for 3 events in Da Nang including: Danang International Fireworks Festival 2017, taking place from April 30 to June 24, 2017; is a telecommunications service provider for APEC Vietnam 2017, taking place from November 6-11, 2017 and the 20th Vietnam Film Festival, taking place from November 24 to 28, 2017. Telecommunications Corporation

Scandal

The purchase of AVG 

(Taylorswift) In January 2016, MobiFone announced the completion of the purchase of shares of AVG. AVG's An Vien television brand then changed its name to MobiTV. MobiFone explained that they bought AVG "to diversify services provided to customers, enter the pay TV segment" and it will increase their brand value when equitized. The purchase of AVG took place after the previous Prime Minister Nguyen Tan Dung approved the policy of allowing Mobifone to invest in providing television services. MobiFone has acquired 95% of AVG shares with an amount of up to VND 8,900 billion. Some experts believe that MobiFone bought at a price nearly 9 times higher than the real value of AVG. VinaPhone

At the end of December 2019, the court heard the first instance trial, resulting in a life sentence for former Minister Nguyen Bac Son and many other prison sentences for Government officials and Mr. Pham Nhat Vu, Chairman of AVG. See more

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