FPT Telecom goes Corp

FPT Telecom recently announced its goal-exceeding first quarter 2008 revenue and its new status as FPT Telecom Corporation.

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16/04/2008

General Director of FPT Telecom Corporation, Mr. Trương Đình Anh, reveals that the organization’s revenue for the first quarter of 2008 was 17.2 million USD, equivalent to 23% of 2008 revenue target , up 24% from quarter targetl, and up 75% year on year.

Pre-tax profit was 7.5 million USD, equivalent to 35.7% of 2008 target, up more than 229% year on year.

FPT Telecom Company becomes a Corporation with 6 member companies:

FPT Telecom North Ltd. operates in infrastructure building and sales of value added services on the existing cable network from the North to Danang. The company's expected revenue for this year is 22 million USD.

FPT Telecom South Ltd. operates in infrastructure building and broadband services provision on the existing cable network from the South to Quang Ngai. The company’s expected revenue for this year is 34 million USD.

FPT Telecom Global Ltd. (being established) will focus on domestic and international leased lines. The company’s expected revenue for this year is 14 million USD.

FPT Internet Data Service Ltd. will provide Data Center solutions , Domain Name services nationwide with expected revenue for 2008 of up to 6 million USD.

FPT Advertising Service Ltd. (being established) will provide online promotional and marketing services nationwide with expected revenue for 2008 of up to 6 million USD.

FPT Online focuses on Online Gaming, Music, Portal, and other value added telecommunications services, with expected revenue for 2008 of up to 6 million USD.

With its new status, Mr. Truong Dinh Anh expects FPT Telecom Corporation to see tremendous growth in the near future.