On 24/12, FPT Telecommunications Joint Stock Company (FPT Telecom - Ftel) held an extraordinary general shareholder meeting concerning personnel matters. This was the first shareholder meeting since the State Capital Investment Corporation (SCIC) transferred nearly 50,2% of its capital in the company to the Ministry of Public Security.

During the meeting, the company's general shareholders unanimously approved the election of three additional members to the board of directors. Among them is Nguyen Trong Trung, who serves as deputy general director of Gelex and general director of Gelex Electric. Additionally, Trung is a senior advisor to Global Telecommunications Technology Corporation (Gtel), an enterprise affiliated with the Ministry of Public Security.

The two other individuals joining the network operator's board of directors are Vo Manh Cuong, director of Gtel Telecommunications Service Center, and Nguyen Hoang Linh, general director of FPT Telecom.

Concurrently, Luu Nguyen Kim Thoa, head of Gtel's Finance and Accounting Department, was also elected to FPT Telecom's supervisory board, replacing Do Xuan Phuc.

The new members of FPT Telecom's board of directors include Nguyen Trong Trung (second from left), Nguyen Hoang Linh (third from left), Vo Manh Cuong (fourth from left), and supervisory board member Luu Nguyen Kim Thoa (second from right). Photo: FTel

A key concern for shareholders at the meeting was FPT Telecom's operational direction following its transfer to the Ministry of Public Security. Hoang Viet Anh, chairman of the company's board of directors, stated that he has observed a clear message from the Ministry's leadership after six months of collaboration: "FPT Telecom has performed well in the past, and with the Ministry, it can perform even better." Viet Anh is also the individual authorized by the Ministry of Public Security to represent the entire state capital in this telecommunications enterprise.

According to FTel's chairman, FPT Telecom will continue to develop its traditional business segments. The company also has significant opportunities to access projects it previously could not, including those related to national security. Furthermore, FPT Telecom will foster synergy with Gtel instead of direct competition. Ftel has strengths in fixed infrastructure, data centers, and content, while Gtel holds advantages in industry application solutions. However, the chairman affirmed that the most important goal is to elevate FPT Telecom's broadband market share to the number 1 position, an increase of two ranks from its current standing.

From 1/1/2026, FPT Telecom will replace K+ in holding the broadcasting rights for the English Premier League football tournament in Vietnam. The company's leadership stated that it will offer subscription packages with prices suitable for existing internet service customers. Instead of paying a large sum like K+, Ftel customers can choose flexible service packages. According to Viet Anh, this approach will help the company recover capital and significantly expand its subscriber base.

He also informed that FPT Telecom will introduce two youthful and passionate commentary styles. The company will be the first to provide two official and emotional commentary streams during a single match.

FPT Telecom was established in 1/1997, originating from an online service center founded by four members, offering Vietnam's first internet network product named "Tri Tue Viet Nam – TTVN". This product is credited with laying the foundation for internet development in Vietnam. Currently, the company is a leading provider of telecommunications and internet services.

In 2024, the company recorded net revenue of 17,610 billion dong and pre-tax profit of 3,588 billion dong, representing year-on-year increases of 11% and 18%, respectively. These are the highest results the company has achieved since its establishment.

This year, FPT Telecom aims to achieve 19,900 billion dong in revenue, an increase of 13% compared to the previous year. Revenue from the telecommunications segment is projected to rise by 13% to 19,100 billion dong, with the remainder coming from digital content. The company's pre-tax profit target is 4,200 billion dong, up 17%. If these goals are met, FPT Telecom will set new records for both revenue and profit.