Business performance
analysis
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Telecommunications services
infrastructure and service network
Mr. Hoang Viet Anh
Chairman of FPT Telecom
The company successfully achieved its challenging customer growth targets, reinforcing its position as a leading internet service provider and a premier platform for sports entertainment, particularly football.
For the period 2026-2028, the Company aims to become a pioneering enterprise with three key priorities: serving as a core contributor to major national security projects; driving business growth and market expansion while leading the adoption of the latest Internet technologies in Vietnam; and advancing research and innovation to master core technologies with a view to export.
Telecommunications services recorded revenue of 18,702 billion VND and profit before tax of 4,167 billion VND, representing growth of 10.6% and 21.9% respectively compared to the previous year. These results reflect the effectiveness of the strategy to expand scale while optimizing operations, leading to a clear improvement in profit margins.
Growth was primarily driven by the broadband services segment, as FPT continued to expand its market share in both urban and provincial markets, while enhancing infrastructure quality and customer experience.
Achieving breakthroughs in Broadband services
FPT’s Broadband services segment continued to maintain vigorous growth, recording revenue of 10,007 billion VND (up 13.7% year-on-year), driven by its strategy of infrastructure investment and technology leadership. FPT became the first company in Vietnam to deploy next-generation XGS-PON Internet combined with Wi-Fi 7, delivering symmetrical speeds of up to 10 Gbps, reducing latency by 50%, expanding coverage by 20%, and supporting nearly 100 devices connected simultaneously. The early commercialization of advanced access technologies not only enhances the user experience but also enables FPT to improve customer retention, encourage service package upgrades, and optimize revenue per subscriber, thereby strengthening its position in the nationwide broadband market.
Leading in Television technology and Digital content
FPT is improving its position in the TV and digital content market by regularly investing in well-known, licensed programs. The acquisition of the English Premier League broadcasting rights in Vietnam by FPT Play, from mid-season 2025-2026 through the 2030-2031 season, marked a significant milestone, positioning FPT Play as Top of Mind in the entertainment and sports segment, particularly for football content. Highly attractive exclusive content continues to serve as a key driver for user growth, increasing service engagement time and generating positive synergies across FPT’s telecommunications and entertainment ecosystem.
Data centers – A foundation for long-term growth
FPT continued to strengthen investments in data infrastructure to capture rapidly growing demand driven by AI, Cloud, and Digital transformation. In 2025, FPT officially put into operation the FPT Fornix HCM02 Data Center at the Saigon Hi-Tech Park, with an area of nearly 10,000 m² and a capacity of up to 3,600 racks, designed according to international standards and a high level of redundancy architecture. This data center serves as a critical infrastructure platform for FPT’s strategic technology solutions, enabling the company to expand its AI and Cloud ecosystem while increasing the share of recurring digital infrastructure service revenue. It strengthens the foundation for stable revenue and profit growth in the medium and long-term, while aligning with Vietnam’s ambition to become a regional Digital Hub.
Transfer of State capital ownership representation – A strategic milestone for a new phase of development
The transfer of the State’s ownership representation rights in FPT Telecom from the State Capital Investment Corporation (SCIC) to the Ministry of Public Security marked an important milestone in the Company’s development journey. This event reflects the State’s consistent direction in strengthening the corporate governance model, enhancing operational efficiency, and ensuring alignment with national digital infrastructure development goals in the new phase. The transfer also reinforces FPT Telecom’s position as a key digital infrastructure enterprise, enabling the Company to expand its participation in large-scale projects that serve the growing needs of the digital economy. This will support sustainable revenue and profit growth over the long-term.
