News
Telecom CEOs Say Debts to Mfone Are Far Less
Executives at some of the telecommunication firms indebted to bankrupt mobile operator Mfone said Thursday they owe much less than claimed by the company, and will negotiate with Mfone’s administrator to find a resolution before a complaint is filed in court. “We do owe Mfone money, ...
http://www.cambodiadaily.com/business/telecom-ceos-say-debts-to-mfone-are-far-less-34630/
Mfone to File Complaint Against Six Companies
Bankrupt mobile phone operator Mfone is planning to file a complaint with the Phnom Penh Municipal Court against six telecommunications firms it says have failed to pay back more than $1 million in outstanding debt to the firm, the court administrator charged with overseeing Mfone’s ...
http://www.cambodiadaily.com/business/mfone-to-file-complaint-against-six-companies-34409/
Mfone Parent Firm to Consider Workers Demands
The company behind the defunct mobile operator Mfone has told its former employees that it will consider covering millions of dollars allegedly owned to them in severance pay. The former employees have vowed to keep protesting until they are paid the $44.44 million to which ...
http://www.cambodiadaily.com/business/mfone-parent-firm-to-consider-workers-demands-27821/
Former Mfone Employees Protest for Severance Pay
More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...
Committee Formed to Sell Off Mfone’s Assets
The administrator dealing with the debts of defunct mobile operator Mfone yesterday established a committee to sell off the company’s remaining assets. Since it filed for bankruptcy in January, more than 1,000 creditors, including former staff, have claimed Mfone owes them a combined $160 million. Mfone’s remaining ...
http://www.cambodiadaily.com/business/committee-formed-to-sell-off-mfones-assets-22715/
Creditors, Court in Dispute over Mfone Case
A court administrator and creditors who have filed complaints against bankrupt mobile operator Mfone are at loggerheads over whether or not to overturn two injunctions filed against the firm to stop it selling off its assets. “The judges are now considering to drop the injunctions because ...
http://www.cambodiadaily.com/business/creditors-court-in-dispute-over-mfone-case-18654/
Hun Sen Signed Off On Mfone Customers Deal With Mobitel
Prime Minister Hun Sen approved a decision in January to transfer hundreds of thousands of customers from bankrupt mobile phone operator Mfone to the country’s largest telecommunications firm, Mobitel, despite a court injunction preventing Mfone from offloading assets. According to the statement released yesterday by the ...
http://www.cambodiadaily.com/news/hun-sen-signed-off-on-mfone-customers-deal-with-mobitel-17533/
Mfone’s Licence Revoked; Staff Terminated
The Ministry of Post and Telecommunications has revoked the operating licence of bankrupt phone operator Mfone, which went out of business two months ago, while more than 1,000 employees had their jobs officially terminated yesterday. The revocation of the licence and the mass dismissal of the ...
http://www.cambodiadaily.com/business/mfones-license-revoked-staff-terminated-16474/
