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Finance / Vietnam

Outside Chance For Hanoi Telecom To Acquire EVN Telecom

October 2011 | Corporate Financing Analysis

Vietnam's deputy minister of information and communications, Le Nam Thang, announced in October that EVN Telecom should be merged with a state-owned telecoms company, with Viettel being touted as a firm capable of reversing the troubled firm's fortunes. However, we believe that Hanoi Telecom has a conceivable chance of convincing the government to let it acquire EVN Telecom.

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