British Telecom eyes Vietnam market
Channelnewsasia.com reported that BT regards those potential markets of Vietnam, the Philippines and Indonesia as key drivers of its expansion strategy in the near future.
The news wire quoted Tim Harris, CEO of British Telecom Southeast Asia, as saying BT plans to double its market share in Asia.
"We're very positive on Asia. We grew a double digit growth last year, and our intention is to grow twice the size at the market,” said Harris. “We'll be investing significantly further into the region. Because that's where we see our customers investing a lot at the moment."
BT said the Asian market for its services is growing strongly at 6 per cent a year overall and 15 per cent for managed services. It estimates that the Asian market for its services is worth 8 billion pounds ($12.56 billion).
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Latest News
More News
- Tra Vinh set to elevate distinct wax coconut brand (September 04, 2024 | 09:21)
- SABECO continues to rake in awards for special brands (September 04, 2024 | 09:13)
- Lawmakers discuss anti-monopoly aspects of Electricity Law (September 04, 2024 | 08:16)
- UK and Vietnam’s strengthened cooperation (September 02, 2024 | 09:00)
- RoK’s corporation wins bidding for Long Thanh Airport project (August 30, 2024 | 15:59)
- NA Vice Chairman lauds Heineken Vietnam’s three-decade track record (August 30, 2024 | 15:51)
- Vietnam formulates policies to promote shift to EVs (August 30, 2024 | 11:38)
- Draft law aims to tighten social media advertising (August 30, 2024 | 11:32)
- Da Nang, RoK's Seoul fortify startup community connections (August 30, 2024 | 08:55)
- Deputy PM calls on Chinese firm to boost infrastructure cooperation with Vietnam (August 29, 2024 | 17:41)
Mobile Version