Vietnamese telecoms, software and technology company FPT Corporation, which is the country’s second largest broadband internet provider by users, has reported its financials for the full-year 2013. According to its website, FPT’s total revenue of VND28.647 trillion (USD1.359 billion) in 2013 showed an increase of 13% compared with 2012, while pre-tax profit rose 5% year-on-year to VND2.516 trillion, and net profit reached VND2.065 trillion (with no comparison given), as the group said its core businesses defied slow economic growth. The corporation’s ‘Telecommunications’ segment represented 14.4% of all revenue in 2013, posting sales of VND4.137 trillion (USD196.3 million) – up by 11% compared with 2012. FPT added that it saw strong growth in internet and value added services for consumers and enterprises. The Telecommunications unit recorded a pre-tax profit of VND970 billion in full-year 2013, or 38.6% of the parent group’s total.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Have feedback, corrections, or story ideas? Send them to email@example.com.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors