Circular No. 10/2012/TT-BTTTT stipulates the list of telecommunications services that an organization or individual may not own more than 20% of the charter capital or shares of another telecommunications enterprise operating in the same telecommunications service market. This Circular takes effect from August 31, 2012.
Scope of application
An organization or individual already owns more than 20% of the charter capital or shares in a telecommunications enterprise.
Key points
- An organization or individual already owning more than 20% of the charter capital or shares in a telecommunications enterprise shall not own more than 20% of the charter capital or shares of another telecommunications enterprise operating in the same telecommunications service market.
- The Ministry of Information and Communications has the authority to review and amend the list of telecommunications services at different periods.
🌐 Social impact of this document
- Positive impact: Reduces unfair competition among telecommunications enterprises.
- Negative impact: May limit the ownership and investment rights of organizations and individuals in multiple telecommunications enterprises in the same market.
❓ Frequently asked questions
Can an organization or individual who already owns more than 20% of the charter capital or shares in a telecommunications enterprise own additional shares in another telecommunications enterprise?
No, an organization or individual may not own more than 20% of the charter capital or shares of another telecommunications enterprise operating in the same telecommunications service market.
When does the Ministry of Information and Communications have the right to amend the list of telecommunications services?
The Ministry of Information and Communications may review and amend the list of telecommunications services at different periods.
From what date does this Circular take effect?
This Circular takes effect from August 31, 2012.
Full text
CIRCULAR
Issuing the List of Telecommunications Services stipulated in Clause 1, Article 3 of the Decree
No. 25/2011/NĐ-CP dated April 6, 2011 of the Government detailing and guiding the implementation of certain provisions of the Law on Telecommunications
quy định chi tiết và hướng dẫn thực hiện một số điều của Luật Viễn thông
Pursuant to the Law on Telecommunications dated November 23, 2009;
Pursuant to Decree No. 25/2011/NĐ-CP dated April 6, 2011, issued by the Government, detailing and guiding the implementation of certain provisions of the Law on Telecommunications;
Pursuant to Decree No. 187/2007/NĐ-CP dated December 25, 2007 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Information and Communications, and Decree No. 50/2011/NĐ-CP dated June 24, 2011 of the Government amending Decree No. 187/2007/NĐ-CP;
At the proposal of the Director of the Telecommunications Administration,
The Minister of Information and Communications issues this Circular issuing the list of telecommunications services stipulated in Clause 1, Article 3 of Decree No. 25/2011/NĐ-CP dated April 6, 2011 of the Government detailing and guiding the implementation of certain provisions of the Law on Telecommunications.
Article 1. Issuing the List of Telecommunications Services whereby an organization or individual that owns more than 20% of the registered capital or shares in a telecommunications business shall not own more than 20% of the registered capital or shares of another telecommunications business operating in the same telecommunications service market, specifically as follows:
Mobile terrestrial information service specified in Point a, Clause 1, Article 5 of Circular No. 05/2012/TT-BTTTT dated May 18, 2012 of the Minister of Information and Communications classifying telecommunications services.
Article 2. Depending on each period, the Ministry of Information and Communications will consider amending and supplementing the List of Telecommunications Services stipulated in Article 1 of this Circular to be consistent with the State's management policy on telecommunications.
Article 3. This Circular takes effect from August 31, 2012.
Article 4. The Director of the Office, the Director of the Telecommunications Department, the Heads of agencies and units under the Ministry, telecommunications businesses, organizations, and individuals related to this Circular are responsible for its implementation./.
Original document (PDF)
Download
Relations map
Click a document to open. A red border = a relation that changes validity.
Translations
This document is available in the following languages: