**Ho Chi Minh City, Vietnam – April 4, 2023** – Posts and Telecommunications Group (VNPT), Vietnam’s leading telecommunications provider, has acquired a 100% stake in Ho Chi Minh City Cable Television Network (HCMC Cable TV), a major cable television operator in the country’s largest city..
The acquisition, which was completed on March 31, 2023, strengthens VNPT’s position as a leading provider of telecommunications and media services in Vietnam. HCMC Cable TV has a strong presence in Ho Chi Minh City, serving over 1 million subscribers with a range of cable television, broadband internet, and telephony services..
VNPT plans to integrate HCMC Cable TV’s operations into its existing network, expanding its reach and enhancing its service offerings in the region. The acquisition will also enable VNPT to leverage HCMC Cable TV’s local expertise and infrastructure to deliver innovative and value-added services to customers in Ho Chi Minh City..
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