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. ...
