NTT Communications and VNPT to set up joint venture

Hanoi Times - NTT Communications Corporation (NTT Com), a global ICT solution provider, and Vietnam Posts and Telecommunications Group (VNPT), the largest Vietnamese telecom operator, o­n November 27, announced an agreement to form a joint-venture company, Global Data Service Joint Stock Company, in Hanoi in early January 2008 to provide world-class data-center services.

NTT Com and VNPT will be among the first telecom operators to provide such services in Vietnam.

Expansion of the Internet in Vietnam is driving the need for data centers as network infrastructure from the companies who wish to run stable Internet related businesses increases demand for redundant IT facilities and data centers to ensure business continuity from Vietnamese, Japanese and other multinational companies operating in Vietnam.

The joint venture will establish data centers in Hanoi in mid-2008 and Ho Chi Minh City in early-2009 to provide services with support from NTT Com and VNPT. Its world-class data centers will offer collocation and hosting services that ensure complete redundancy for uninterrupted power supply, air conditioning and power generation/distribution.

High-security measures will include facility-access control and camera surveillance. In addition, customers will benefit from having direct access to high quality global networks within data centers as this joint-venture company is uniquely formed by telecom operators.

NTT Com, its wholly owned subsidiary NTT Communications (Vietnam) Limited and VNPT will also collaborate in the provision of tailored, o­ne-stop services covering networks, system integration and information security.

In the new Company, NTT Com will take a 40% stake and the rest from VNPT. Capitalization will be about 900 million yen. NTT Com will appoint the CEO and the company will start with about 60 employees.