Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. … Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. In April 2011, the government of Cambodia signed a concessional contract to grant his company to study and prepare for the launching of a communications satellite. Under the contract, the company will take three years to study and prepare for launching Cambodia Satellite-1 in order to serve phone, broadband Internet and broadcasting services and other sectors. …
