ព័ត៌មាន​

The administrator charged with liquidating bankrupt mobile operator Mfone filed a complaint Tuesday with the Phnom Penh Municipal Court, requesting it to order two companies to pay money owed to Mfone after repayment negotiations apparently failed, the administrator said. Mobile payment service WING Cambodia Co. Ltd. ...

Over eight months after Cambodian mobile operator Mfone filed for bankruptcy, the defunct provider’s former staffers should get their outstanding salaries in November, according to the case’s court-appointed administrator. Bankruptcy administrator Ouk Ry said yesterday that deals have been made on many of the failed telecom’s ...

Norwegian energy firm Eltek on Thursday demanded $5 million it is owed from bankrupt telecommunications company Mfone by the end of October and blamed the court and the government for stalling payment. During a meeting at Mfone’s headquarters in Phnom Penh’s Boeng Keng Kang III commune, ...

After months of protests, more than 1,000 former Mfone employees yesterday received just 10 per cent of the $4.4 million they were demanding in compensation after the telecom company filed for bankruptcy in January. Court-appointed administrator Ouk Ry, entrusted with the sale of Mfone’s assets, ...

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, ...

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 ...

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 ...

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 ...

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 ...

Huawei Technologies (Cambodia) Co agreed yesterday to withdraw its injunction against Mfone in order to pave the way for a court-appointed administrator to sell the bankrupt company’s assets and compensate its many creditors. Along with other creditors, Huawei representatives expressed concerns that the assets would ...

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 ...

Wholesalers and retailers of bankrupt Cambodian telecommunications company Mfone are seeking compensation for their stock of the mobile provider’s obsolete scratch recharge cards. Wholesalers say the issue is also affecting retailers’ confidence in purchasing recharge cards of other providers, and is slowing sales. Pann Chesda, general manger ...

Althought the initial book value – purchase cost minus depreciation – of the assets of bankrupt Cambodian telecommunications firm Mfone was estimated at $105 million, employee representatives claim the estimated market value is closer to $30 million to $40 million. Bou Kunthea, an Mfone employee representative, ...

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 ...

Former employees of the failed telecommunications company MFone have been told they can expect a decision next month on their claims for more than $4 million in compensation. Former Mfone section manager Bou Kunthea said after a meeting yesterday with offic-ials from the Ministry of Social ...