Vietnam’s Viettel eyes Teletalk stake

5 Jan 2010

The Himalayan Times has reported that Vietnamese telecoms operator Viettel wants to tie up with Bangladeshi state-owned mobile firm Teletalk. The Vietnamese government-owned cellco would invest around USD300 million in Teletalk, Bangladeshi Telecommunications Minister Rajiuddin Ahmed Raju said. ‘We’ve got a proposal from Viettel for a partnership with Teletalk,’ Raju said, adding that the two sides still had to begin negotiations. The minister would not elaborate on the proposal but the Bengali daily, Samakal, quoted government officials as saying Viettel wanted to buy a 60% stake in Teletalk for USD300 million. A government committee was scrutinising the plan and was expected to give a ‘positive nod’ to the sale of a majority stake to Viettel, Samakal reported.

Bangladesh, Viettel Telecom, Teletalk,

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