A live interview with Mr. Nguyen Ngoc Ngan – representative of V247 company.
Reporter: Yours sincerely, Mr. Nguyen Ngoc Ngan – V247 phone company representative. Please tell us why there is an increase in call rates in Vietnam in the beginning of February.
Nguyen Ngoc Ngan: In fact, since the beginning of November 2012 until now, telecommunication companies in Vietnam have twice increased the prices of calls to Vietnam. For the first time with an increase of more than 50% over the old price. Even so, the V247 phone company has not kept up prices, trying to maintain the old price of serving the community. The second time, most recently, in early February 2013, telecom companies in Viet Nam again continue to raise rates to more than 50%. Therefore, the V247 telephone company is required to adjust Vietnam call rates as of February 1, 2013. If timed accuracy, V247 must apply a new price on January 31, 2013. Not because February 1, 2013. The reason is because Vietnamese telecom companies are applying new tariffs in Vietnam, that is, at 11:00 am, Houston, January 31, 2013. That said, V247 has applied a new price later than one day than other phone companies. With a huge volume of over 70% of your fellow vietnamese calls using your V247, you can see how well V247 is willing to accept damage.