ST Telemedia Invests in VNPT Global

ST Telemedia joins hands with VNPT Global on International Business ST Telemedia takes 10% shares in VNPT Global

March 12, 2010

1 Min Read

HANOI, Vietnam, and SINGAPORE -- Singapore Technologies Telemedia (ST Telemedia), a leading information-communications company with operations globally, and VNPT Global, a subsidiary of VNPT Group, Vietnam’s foremost full service telecommunications service operator, today announced their partnership where ST Telemedia has invested a 10 percent share in VNPT Global.

VNPT Global is the global telecommunication subsidiary of VNPT Group. Its main business activities include setting up VNPT Group’s international connectivity networks, providing value added telecom services and contact center services to VNPT Group customers worldwide, and cooperating with industry partners on global telecommunications investment opportunities. Outside Vietnam, VNPT Global operates in Singapore, Hong Kong, USA and the Czech Republic. The founding shareholders of VNPT Global are VNPT Group with a majority share, and Vietnam Mobile Services Company (VMS or Mobifone), Vietnam’s second largest wireless operator, and Vietnam Post Corporation (VN Post), each with a five percent stake.

Singapore Technologies Telemedia Pte. Ltd. (ST Telemedia)

Vietnam Posts and Telecommunications Corp.

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