S-Fone reports 5 million subscribers
S-Fone on July 1 announced it has had 5 million accumulated subscribers after five years of operation.
In the first half of this year, S-Fone has added 1.5 million more subscribers, registering a growth rate of 42.9% compared to late last year.
In order to fulfil its target of 6 million subscribers by the end of this year, S-Fone announced it will invest US $100 million to increase coverage and launched new CDMA-based valued added services.
S-Fone is preparing to install 700 Base Transceiver Stations (BTS) to expand coverage to all districts across the country. S-Fone is also implementing the plan for upgrading EVDO in 5 existing provinces/cities and expanding EVDO services, especially Mobile Internet, to Nha Trang, Vung Tau, Phan Thiet, etc., to serve tourists.
From July 1 to the end of September 30, 2008, S-Fone implements a promotional program applied for all postpaid subscribers activated before July 1, 2007. Accordingly, postpaid subscribers who have used S-Fone’s services for more than 3 years and 1-3 years will be offered VND 50,000 and VND 30,000 of call and service charge per month in 3 consecutive months, respectively.
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