Local firm wins US$2.5 million Laos contract

Source: Pano feed

(VOV) -Information Systems (FPT IS) announced its successful negotiation of a US$2.5 million telecommunications contract with a Lao trade partner on September 19.



Under the contract, FPT IS and the Lao Telecom Company will cooperate on developing payment calculation, customer management, and service distribution systems.


FPT IS has secured a firm foothold in the Lao market. In April 2013, the firm won another contract with the Lao Telecom Company worth more than US$1 billion.


FPT IS’s systems and solutions, first created in 1999, have generated total revenues approaching US$35 million, including almost US$14 million from overseas markets.


Their approach is ubiquitous in Vietnam and is used by 12 foreign telecommunications service providers. It is capable of handling payment-related issues for providers with as many as 30-50 million subscribers.


FPT IS Director General Duong Trieu Dung affirmed his company’s Vietnamese solutions are now focused on expanding into new emerging international markets.




Đăng ký: VietNam News

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