Companies / Thailand
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Chunghwa Telecom Signs JV With Viettel
May 2008 | Contract NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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As part of efforts to expand into overseas markets, Taiwan's Chunghwa Telecom, is to establish a US$30mn internet data joint venture (JV) with Viettel, the Vietnamese military-led operator. Under the JV, Viettel will become the dominant partner with a 70% stake, while Chunghwa Telecom will occupy the remaining 30%. For the latter, the aim is to use its partnership with Viettel to create a base from which to expand into other South East Asian countries including Laos and Cambodia.