Beeline Weighs Future Options in Cambodia
VimpelCom Ltd., the Russian mobile telephone operator that runs the Beeline brand in Cambodia, is reviewing its assets in Cambodia to decide whether it should stop doing business here or merge with another firm in the country, an official at the company said yesterday. “We will conduct a thorough review of each of the company’s assets to determine where we want to elevate capital,” Bobby Leach, communications director at VimpelCom, said by telephone from the company’s headquarters Amsterdam. When asked whether Beeline plans to leave Cambodia or whether the company would be sold, he said: “We have several options, but we have not completed the analysis.” …
