French telecom giant Alcatel is planning to set up a software development branch in Vietnam in the near future, a company executive said at an international telecom trade exhibition in Hanoi November 9.
This branch will research and produce 3G-technology software products for distribution to Vietnam’s telecom market, said Alcatel deputy chief executive Etienne Fouques at the Vietnam Telecomp Exhibition, hosted by the Vietnamese Ministry of Posts and Telecommunications.
Also, Alcatel will continue to pump more investment in its telecoms projects across the country, Fouques added.
Currently, Alcatel is cooperating with VMS-MobiFone, Vietnam’s second largest mobile network carrier, to experimentally supply state-of-the-art 3G mobile phone services. It is expected that Vietnamese mobile subscribers will be able to access those services by next year.
Alcatel is the leading telecom conglomerate in France, with last year’s annual profit hitting 2.5 billion euro. Around 20% of its earnings came from the firm’s Asia-Pacific market.