A Change of Guard

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Wednesday, 19 December 2012

Metfone operator forecasts $280 mln profit in 2012 [A Vietnamese phone company to earn $280 million from Cambodian customers]

Metfone operator forecasts $280 mln profit in 2012

PHNOM PENH (The Cambodia Herald) - Viettel (Cambodia) Co Ltd expects earnings to rise almost 10 percent to about $280 million in 2012, deputy chief Tran Le Phong said.

The Vietnamese operator of the Metfone network expects to pay $60 million in taxes this year, up from $52 million last year when earnings were $255 million.

Established in 2006, Metfone claims 49 percent of the mobile market, 80 percent of the cordless phone market and 50 percent of internet connections.

Parent company Viettel is a state-owned company controlled by the Vietnamese Ministry of Defense.

1 comment:

Anonymous said...

Metfone as a company could make 280$ million in earning but cambodia mafia government could ony collected 1 billion dollar in tax revenue for 1 year.