FPT Telecom and EVN Telecom signed the biggest agreement on telecommunication lease line

FPT Telecom Joint Stock Company (FPT Telecom) and Electricity Corporation of Vietnam (EVN Telecom) officially entered into an agreement on developing telecommunication services and network in which FPT Telecom will rent an international lease line with capacity of 2.5 GB, totaling USD 20 million in three years.

28/09/2007

The agreement helps increase international internet transmission line of FPT Telecom up 5GB, doubling than the current capacity. “This also means thousands of customers will enjoy better quality ADSL Internet service in the nine coming months. The international lease line agreement is the first ever deal in Vietnam in term of telecommunication field” said by Mr. Truong Dinh Anh - General Director of FPT Telecom.

Mr. Nguyen Manh Bang - Director of EVN Telecom said: “On the base of current consolidated network and infrastructure, the deal is a strategic cooperation of the two telecom enterprises with aims to bring more benefits to customers in Vietnam. Also, it is an initial step for further cooperation of the two companies in the time to come.”

Together with the doubled internet transmission line, FPT Telecom plans to launch fix telephony service in two months to come, becoming 5th fix telephony carrier in Vietnam (VNPT, Viettel, EVN Telecom, Saigon Postel).

Mr. Truong Dinh Anh went on: “FPT Telecom purchased a new switch of Cisco System to provide the NGN based services including value-added services: wideband internet, fix telephony, online television which are expected to deliver to more than 200,000 ADSL customers of the company. For the time being, FPT Telecom is second to none to deliver such kind of package service, which is more efficient and effective.”

Early October 2007, FPT Telecom will provide the internet protocol television service including digitalized television with 44 channels; on-demand films, programs, music; online news, albums and five online broadcasting news.

Today, FPT Telecom gets 15,000 to 20,000 new customers every month and is expected to be 300,000 as late of 2007.

The agreement signing between FPT Telecom and EVN Telecom is realized through a strategic agreement signed by the two leaders of FPT Corporation and EVN recently with aims towards a comprehensive cooperation in I/T, network and telecom services, finance, communications and training which will be carried out by their subsidies.

For the telecom service and network agreement, FPT Telecom and EVN Telecom commit to long term ulitilisation of technical infrastructure, respectively for mutual benefits that also helps EVN Telecom easier to negotiate with international partners and towards the biggest international channels provider meanwhile, FPT Telecom wishes to become the top ADSL provider.

Furthermore, FPT Telecom can afford to use current poles of EVN within the territory to hang up their fiber and telecom cables in line with standards of EVN as well as other regulations of authorities. EVN’s subsidies will be in charge of collecting telecom services bills provided by FPT Telecom in every corner of cities and provinces. EVN also facilitates FPT Corporations’ subsidies in their fact- findings, construction and engineering, operation of telecom systems.

Mr. Truong Dinh Anh – General Director of FPT Telecom affirmed: “In the development, enterprises tend to join hands for strategic allies in order to harness respective strengths. So far, FPT Telecom has seen EVN as an important partnership; therefore the strategic agreement is a proof of ties consolidation to develop telecom services in the time ahead.”

About FPT Telecom: 

FPT Telecom Joint Stock Company (FPT Telecom) was established in 1997, a subsidy of FPT Technology Investment and Development Joint Stock Company. FPT Telecom is one of four internet transmission line providers in Vietnam with current 40% share market and more than 200,000 customers.

April 2002, FPT Telecom was granted the IXP permit (Internet Access Portal) – the top level for internet providers in Vietnam.

February 2006, FPT Telecom became a provider offering pilot and internet commercial service via mobile and fixed wireless wideband - standard WiMax bandwidth 2.3 GHz and 3.3 GHz.

March 2006, Internet Protocol Television run by Internet Protocol Television Center under FPT Telecom was officially put into operations.

November 2006, FPT Telecom became the first internet fiber-to-home access service provider in Vietnam.

In addition to developing connection services; FPT Telecom sets long-run orientation of developing internet-based value added services such as design electronic solutions and websites for organizations and enterprises in Vietnam. Value added service consists of website designs, domain names, website storages, database, on-purpose e-mails, invisible e-mails, on- purpose servers.

About EVN Telecom:

EVN Telecom is an independently financial subsidy of the Electricity Corporation of Vietnam which was founded under the Decision 380/NL/TCCBLĐ dated July 8th 1995 of Ministry of Energy.

So far, EVN Telecom is the fastest runner in subscriptions and the first ever wireless fix telephony provider (E-Com) in Vietnam. With prominent advantages like high speed internet access, messaging, missed calls alerts and easy to install and movable in a wide areas, E-Com has been widely used by almost customers.

As late of September 2007, EVN Telecom has got about 2 million customers in which E-com customers account for 72% of the total.

Today, EVN Telecom is providing services like transmission (lease line, interactive network installation, data transmission, television conference, private invisible network service); CDMA network (wireless fix telephony service - E-Com, E-Phone, E-mobile, free of charge commercial calls); Internet service (IP, Internet IXP connection, Internet access via lease line, ADSL); NGN based services (fix telephony and value added services, local and toll telephony services and voice over IP to the international)./