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Limited Liability (TNHH) | |
Industry | Mobile telecommunications |
Founded | 17 September 2012 |
Headquarters | Hanoi, Vietnam |
Key people
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Nguyen Van Du (director) |
Products | Mobile networks, Telecom services |
Parent | Global Telecommunications Corporation |
Website | www |
Gmobile is a Vietnamese mobile network operator. The brand Gmobile is owned by GTel Mobile and is the successor of Beeline Vietnam. GTel in turn is owned by Global Telecommunications Corporation, a state-owned joint-stock company under the Ministry of Public Security.
Gmobile had a market share (estimated based on revenues) of 3.2% in 2012, making it the fifth largest operator. Its main competitors are Viettel with 40.67% market share, Vinaphone with 30%, and MobiFone with 17.9%, the latter two of which are owned by VNPT. Together, the big three control almost 90% of the market. The only other significant competitor is Vietnamobile with 8%. It had 3.2 million subscribers in 2012.
Gmobile was set up in September 2012 as successor of Beeline Vietnam. The Russian investor OJSC VimpelCom had previously left the joint-venture. VimpelCom sold its stakes that were once worth $500m for $45m.