MobiFone

Vietnamese mobile network operator

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MobiFone Corporation

Trade name	MobiFone
Native name	Tổng công ty Viễn Thông MobiFone
Formerly	Vietnam Mobile Telecom Services Company
Company type	State-owned enterprise
Industry	Mobile Telecommunications
Founded	April 16, 1993; 31 years ago (1993-04-16)
Headquarters	Hanoi, Vietnam
Area served	Nationwide
Key people	Tô Mạnh Cường
Products	Mobile networks, Telecom services
Brands	MobiFone
Revenue	40.8 Trillion VND (around $2bn)^[1]
Operating income	6.6 trillion VND (around $330m)
Number of employees	approx. 3000
Parent	Ministry of Information and Communications
Website	www.mobifone.vn

MobiFone Corporation (less formally MobiFone; Vietnamese: Tổng công ty Viễn Thông MobiFone, lit. 'MobiFone Telecommunications Corporation') is a major Vietnamese mobile network operator headquartered in Trung Hoa Nhan Chinh, Hanoi. Founded on 16 April 1993, as a Global System for Mobile Communications launcher, MobiFone is the second largest telecommunications provider in Vietnam (2023).^[2]

Market share and competitors

MobiFone held a market share of 22.52% in 2023. Its main competitors included Viettel with 57.6%, VinaPhone with 17.49%, and Vietnamobile with 1.75%. MobiFone, along with VinaPhone and Viettel, the three large state-owned providers, held a combined market share of almost 98%.^[2]

History

2015

Become the corporation under the Ministry of Information and Communications called MobiFone Telecommunications Corporation.

2011

Foundation of the Mobile Telecom Services Centre VI.0AA

2008

Foundation of the Mobile Telecom Services Centre V.
The Value Added Services Centre was founded.
MobiFone ranked as the first position in the Vietnam’s mobile telephony subscription market share.

2006

Foundation of the Mobile Telecom Services Centre IV.

2005

Liquidated the business cooperation contract with Kinnevik/Comvik (Sweden).
The State of Vietnam and Ministry of Posts and Telematics (now is Ministry of Information and Communications) decided to sell equity.
Mr. Le Ngoc Minh became director after the retirement of Mr. Dinh Van Phuoc.

1995

Committed a business cooperation contract with Kinnevik/Comvik (Sweden).
Foundation of the Mobile Telecom Services Centre III.

1994

Foundation of the Mobile Telecom Services Centre I & II.

1993

Foundation of Vietnam Mobile Telecom Services Company.
Director is Mr Dinh Van Phuoc.

References

^ "77,6% lợi nhuận VNPT đến từ MobiFone". Gafin.vn. 4 January 2013. Archived from the original on 7 January 2013. Retrieved 4 January 2013.
^ ^a ^b "Sách Trắng Công nghệ thông tin và Truyền thông" (in Vietnamese). Ministry of Information and Communications (Vietnam). Retrieved 12 July 2024.