Court Issues Injunction Over Mfone Debt

The Norwegian energy firm Eltek Valere won an injunction from the Phnom Penh Municipal Court earlier this month against the Thai-owned mobile operator Mfone after it filed a complaint claiming that Mfone had failed to pay $3.73 million in service charges, court documents obtained Friday show. The injunction comes as two other mobile phone companies—Hello Axiata Co. Ltd. and Latelz Co. Ltd.—have threatened to sue Mfone unless it pays back hundreds of thousands of dollars allegedly owed to them in interconnection fees. … After reviewing Eltek’s complaint, the Phnom Penh Municipal Court on October 18 ordered Mfone to provide the court with an assessment of its inventory and also banned the company from selling any of its assets until the situation with Eltek is resolved. … In work that was completed in 2009, Eltek helped Mfone to develop satellite technology for its mobile phone network, according to the complaint filed by Eltek. …

http://www.cambodiadaily.com/business/court-issues-injunction-over-mfone-debt-4878/