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Feb 12, 2009
WPP to take 20% stake in Vietnam's Smart Media
WPP has announced plans to take a 20% stake in Smart Media JSC, a Vietnam based communications group. Smart Media was established in February 2008 with the mission of leading Vietnam's efforts to develop and build the nation's communications industry. Smart Media was founded jointly by key government bodies: Vietnam Posts and Telecommunication Group (VNPT), Vietnam Television (VTV), Vietnam Mobile Telecom Services Co. (VMS), and Vietnam Post Corporation (VNPost) as well as the privately owned GoldSun.
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