New market study, "Vietnam Telecommunications Report Q2 2015", has been published
Recently published research from Business Monitor International, "Vietnam Telecommunications Report Q2 2015", is now available at Fast Market Research
[USPRwire, Mon Apr 13 2015] Owing to the rising popularity of smartphones in Vietnam, dema nd for rapid data communication has been growing strongly in the country. However, the pace of 3G adoption rate has been lukewarm, and we believe that this has mainly been due to poor network infrastructure in the country. That said, we have recentl y raised our outlook slightly for the country's broadband market, as telecom operator Viettel has made plans to roll out high speed internet service nationwide in 2014. This will help to increase Vietnam's broadband penetration from 5.6% in 2013 to 8.1% over the next five years .
Full Report Details at
* We are forecasting 126.8mn mobile subscribers by end-2018, a 132.5% penetration rate. However, we highlight the figure is distorted by inactive prepaid subscriptions and multiple SIM ownership.
* Vietnam's fixed-line industry is rapidly contracting; we are forecasting the penetration rate to decline from an estimated 14.3% in 2013 to 11.5% in 2018.
* We forecast total broadband subscriptions to grow to 7.8mn in 2018, with delay in rural internet expansion posing the biggest downside risk.
Key Trends And Developments
In June 2014, government-owned Vietnam Posts and Telecommunications (VNPT) separated its mobile unit Mobifone with a view to take the firm public by end-2014. The IPO is attracting wide international interest. BMI believes the sell-off would boost competition and increase investment in the market.
The launch of a 4G network in Vietnam has been postponed until 2015, with the government keen for 3G services to improve in quality first. An industry survey reported that almost half of Vietnam's 3G subscribers are unhappy with the service they receive. Vinaphone and MobiFone plan to upgrade their 3G networks in 2015.
Mobile number portability is likely to be pushed back to 2017, as opposed to the 2014 start date that the Ministry of Information and Communication had originally proposed. The ministry is facing considerable opposition on...
The Vietnam Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Vietnam's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.
BMI's Vietnam Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Vietnam.
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