News

MFone workers told to wait

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 ...

http://www.phnompenhpost.com/2013032062036/Business/mfone-workers-told-to-wait.html

Former Mfone Staff Enter Second Day of Protests

About 300 former employees of bankrupt mobile phone operator Mfone continued to protest yesterday outside the company’s closed Phnom Penh offices, demanding severance payments totaling $4.4 million for 1,092 workers. But Vong Savan, deputy secretary-general of the Labor Dissolution Commission at the Ministry of Social ...

http://www.cambodiadaily.com

Mfone Workers Demand $4.4M Compensation

About 200 former employees of bankrupt mobile phone operator Mfone yesterday protested outside the company’s shuttered offices, asking for the help of Prime Minister Hun Sen in the fight to get more than $4 million in compensation from the company. Mfone declared itself insolvent in ...

http://www.cambodiadaily.com

More SIM cards sold, providers to shrink

Sales of SIM cards reached 19.7 million last year, a 21 per cent rise from the 16.2 million sold in 2011, data from the Ministry of Post and Telecommunication (MPTC) shows. In contrast to the use of SIM cards, the number of telco operators decreased. In ...

http://www.phnompenhpost.com/2013031861984/Business/more-sim-cards-sold-providers-to-shrink.html

Mfone Employees Demand Unpaid Salaries

More than 100 former employees of the bankrupt mobile telephone company Mfone protested outside the firm’s shuttered offices in Phnom Penh yesterday, demanding that they receive salaries for working the month of February despite the company having already gone out of business. Mar Samoeun, 64, ...

http://www.cambodiadaily.com/

As Liquidation of Mfone Begins, Victims and Lawsuits Abound

As insolvency proceedings against bankrupt telecommunications firm Mfone begin, yet another company, Smart Mobile, has filed a court complaint to collect unpaid costs from the mobile operator, and the list of parties to have suffered from the firm’s collapse continue to grow. The Phnom Penh Municipal ...

http://www.cambodiadaily.com

Huawei to Build 4G Phone Network for Chinese Firm

Chinese Telecommunications giant Huawei has signed a deal to install thousands of transmitters across Cambodia to create a new high-speed mobile telephone and Internet network, according to a statement received yesterday. Huawei Technologies (Cambodia) Co. Ltd. and Xinwei (Cambodia) Telecom Co. Ltd. – a local subsidiary ...

http://www.cambodiadaily.com

Investment options for Cambodian telcos

With Myanmar’s telecom industry showing signs of gradually opening, operators in Cambodia’s overcrowded telecom market see opportunities for potential investment. But in stride with the market’s latent potential come challenges, industry experts say, and lessons learned locally need to be applied overseas. “Myanmar remains one of the ...

http://www.phnompenhpost.com/2013022061463/Business/investment-options-for-cambodian-telcos.html

Vendors Protest Over Worthless Mfone Cards

More than 100 mobile phone vendors protested yesterday outside the Phnom Penh headquarters of bankrupt mobile operator Mfone over their stocks of phone credit recharge cards that are now worthless, as the defunct company has transferred its subscribers to MobiTel, which does not recognize the ...

http://www.cambodiadaily.com

Rights Group Denounces Gag Order on Lawyers Before Election

New York-based advocacy group Human Rights Watch (HRW) has accused the Cambodian Bar Association of trying to silence potential government critics ahead of July’s national elections by imposing restrictions on lawyers making public statements. The Bar Association and the Information Ministry have both issued edicts that ...

http://www.cambodiadaily.com

Mfone transfer questioned

Although Mfone subscribers are due to transfer their accounts to Mobitel today, the Post has learned that telco provider Huawei Technologies (Cambodia) is still waiting for a court to rule on the legality of the transaction. Huawei’s lawyer, Kuoy Thunna, filed a letter late last month ...

http://www.phnompenhpost.com/2013020661207/Business/mfone-transfer-questioned.html

The great mobile shake-out

Mobile phone subscribers in Cambodia have had little to complain about in recent years. With six new operators entering the market since 2006, the result was oversaturation and an all-out price war as eight operators fought for a foothold in a country with fewer than ...

http://www.bangkokpost.com/business/telecom/334187/the-great-mobile-shake-out

Mfone $65 million in debt

Failed Cambodian telco Mfone owes at least $65 million to multiple creditors that sources say include the government. A court injunction to freeze Mfone‘s assets, obtained by the Post yesterday, shows Mfone owes Chinese telco provider Huawei Technologies more than $65 million. Phnom Penh Municipal Court judge ...

http://www.phnompenhpost.com/2013013061068/Business/mfone-65-million-in-debt.html

E-card holders concerned about SIM card exchange

Mfone e-card holders are concerned that the cards can no longer be used after the change from Mfone’s SIM card to Cellcard’s SIM and, along with officials, are unsure of a solution. Wholesalers and retailers have expressed concern that they will lose money when the scratch ...

http://www.phnompenhpost.com/2013012961038/Business/e-card-holders-concerned-about-sim-card-exchange.html

Firm to File Criminal Complaint Against Mfone

Norwegian energy firm Eltek Valere will file a criminal complaint today against mobile phone operator Mfone over an agreement that was signed last week to shift Mfone’s existing subscribers to MobiTel, according to a lawyer representing Eltek. The decision by the Thai-owned mobile operator Mfone to ...

http://www.cambodiadaily.com

Thaicom's Mfone files for insolvency

Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...

http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html

Fired Phone Company Workers File Complaint

One of Cambodia’s most active unions has filed a complaint against a Thai mobile phone provider, claiming it laid off more than 50 staff members without warning and without compensation. The complaint was filed with the Ministry of Labor against Mfone, a company that belongs to ...

http://www.voacambodia.com/content/fired-phone-company-workers-file-complaint/1579895.html

Tough times for telecom bosses in 2012

The year 2012 has seen a number of changes of personnel within different companies in Cambodia, particularly in the telecommunications sector, but also in the insurance and banking industry. According to In Channy, ACLEDA Bank’s CEO and vice chairman of the International Business Chamber Cambodia, the ...

http://www.phnompenhpost.com/2013010160558/Business/tough-times-for-telecom-bosses-in-12.html

Electronics Supplier Files Complaint Against Mfone

Electronic equipment supplier Eltek Valere Ltd. filed a complaint Wednesday with the Phnom Penh Municipal Court against mobile operator Mfone, demanding the company pay the $3.7 million it owes to Eltek from a previous GSM contract, a lawyer for Eltek said. ...

http://www.cambodiadaily.com

Thaicom to sell Mfone for $100

Troubled Cambodian telecoms operator Mfone will be disposed of by its parent company, Thaicom, in the coming weeks for $100 to INT Management Service Company Limited (INT), according to a filing with the Stock Exchange of Thailand (SET). Shenington Investment, a subsidiary of Thaicom and the ...

http://www.phnompenhpost.com/index.php/2012112259878/Business/thaicom-to-sell-mfone-for-100-by-years-end.html

Cambodia's Mfone ordered to repay $3.7M debt

Norway-based Eltek Valere has won a court injunction against Mfone, the Cambodian mobile subsidiary of SET-listed satellite operator Thaicom, for its failure to pay outstanding service charges. According to The Bangkok Post on Monday, citing court documents, the Phnom Penh Municipal Court ruled in favor of ...

http://www.zdnet.com/cambodias-mfone-ordered-to-repay-3-7m-debt-7000006879/

Norwegian firm sues Mfone over $3.7m debt

A lawyer for Norwegian-owned power and electronics equipment firm Eltek Valere yesterday called on investors not to buy stakes in the Thai-owned mobile phone operator Mfone, and to await court’s ruling. The lawyer’s appeal came after the Phnom Penh Municipal Court issued a warrant for keeping ...

http://www.phnompenhpost.com/index.php/2012103059457/Business/norwegian-firm-sues-mfone-over-37m-debt.html

Court Issues Injunction Over Mfone Debt

The Norwegian energy firm Eltek Valere won an injunction from the Phnom Penh Municipal Court earlier this month against the Thai-owned mobile operator Mfone after it filed a complaint claiming that Mfone had failed to pay $3.73 million in service charges, court documents obtained Friday ...

http://www.cambodiadaily.com/business/court-issues-injunction-over-mfone-debt-4878/

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