France Telecom eyes stake in MobiFone

VNStockNews.com - France Telecom is looking at the Vietnamese mobile market market as a promising one for new products, services and technologies.

“Our priority is to become the strategic partner of a (local) telecom operator,” Jacques Fulcrant, Country Manager of Orange France Telecom Vietnam said.

France Telecom intends to buy stake in MobiFone, Vietnam’s leading mobile operator, which will launch public offering this year.

Orange France Telecom said they would apply 3G or third generation technology in Viet Nam.