Telecom revenue rose in 2012

20 March 2013
The Phnom Penh Post
Economy and commerce / Investment / Securities exchange (stock market) / Stock market
Air France / bourse / Cambodia Post / CP / CP director general Ork Bora / Europe / Ministry of Posts and Telecommunications / Ork Bora / Qatar / state-owned delivery company / Stock Exchange / stock market / Telecom Cambodia

CAMBODIA Post (CP), which plans to list on the local bourse, earned 8.1 per cent more revenue year-on-year in 2012, driven in part by its recent transformation from a wholly state-owned delivery company into a semi-autonomous entity. Revenues last year hit more than $4 million, compared with $3.7 million in 2011, CP director general Ork Bora said. The company was partially privatised by the Ministry of Posts and Telecommunications in 2011, a move intended to improve its services and management to compete with the numerous private delivery companies. … The Post reported earlier this year that Telecom Cambodia, also under the Ministry of Posts and Telecommunications, lost about $14 million in 2011 and $10 million last year.

http://www.phnompenhpost.com/2013032062037/Business/telecom-revenue-rose-in-2012.html