News
Tough Telecom Market Sees qb Downsize
Mobile phone operator qb has shuttered “a number” of retail showrooms in an effort to improve its business in Cambodia’s oversaturated telecommunications market, the company confirmed Wednesday. And former employees have also revealed the telecom—which is operated by Cambodia Advance Communications Ltd. (CAC)—has lost nearly half ...
http://www.cambodiadaily.com/business/tough-telecom-market-sees-qb-downsize-33329/
Consolidation on Horizon as Mobile Operators Enter Talks
Cambodia Advance Communications Ltd, operating under the brand qb, is in talks to either merge with or acquire Thai majority-owned Mfone, a senior government official said yesterday. The talks come amid recent speculation that operators in Cambodia’s oversaturated telecommunications market would have to consolidate in order ...