If this proposal is passed, Viettel’s profit will reduce about VND80 billion (US$3.76 million) a month.
The charge reduction is to compete with 3G and OTT (Over the Top) services that have a strong increase in the number of users, said Mr. Son.
Pham Hong Hai, head of the Telecommunications Department, said that they will order Viettel and other telecommunications companies to make reports on cost prices of mobile phone service. The ministry will base on the reports to approve charge change proposals.
According to the ministry, the country’s post and telecommunications revenue was estimated to reach VND122 trillion (US$5.73 billion) in the first half 2014, accounting for 44 percent of the year plan.