News

Telecom staff in graft inquiry

The Ministry of Post and Telecommunications has appointed a six-man team to investigate corruption allegations involving two Telecom Cambodia employees and some $230,000 missing from the state-owned company’s accounts. ...

Taing Vida
http://www.phnompenhpost.com/national/telecom-staff-graft-inquiry

Seven-year sentence follows ACU arrest

A corrupt former high-ranking official at the Ministry of Post and Telecommunications was yesterday sentenced to seven years in prison by the Phnom Penh Municipal Court. ...

Buth Reaksmey Kongkea
http://phnompenhpost.com/post-weekend/seven-year-sentence-follows-acu-arrest

Cambodian ruling party faces test over next 5 years

Cambodian political analysts said Prime Minister Hun Sen needs to make “serious and deep reforms” over the next five years to restore his popularity after his party survived with a slim majority in July’s disputed general election. Sok Touch, deputy director of the Royal Academy ...

Global Times
http://www.globaltimes.cn/content/829846.shtml#.Up_bWNIW2ls

Sar Kheng Says ‘Change’ Needs to Go Beyond New Names

Officiating a ceremony on Friday to welcome the country’s new minister of post and telecommunications, Interior Minister Sar Kheng reminded the audience of government officials that the public expects change—as was demonstrated in their election support for the Cambodia National Rescue Party (CNRP). Mr. Kheng, who ...

Khy Sovuthy
http://www.cambodiadaily.com/news/sar-kheng-says-change-needs-to-go-beyond-new-names-43848/

Five More Years For Hun Sen; Some Ministers Reshuffled

A day after its opening session and still devoid of the 55 lawmakers-elect of the opposition CNRP, the country’s new, one-party National Assembly voted Prime Minister Hun Sen in for yet another five-year term Tuesday and approved an extensive re­shuffle of his Cabinet. In a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/elections/five-more-years-for-hun-sen-some-ministers-reshuffled-43133/

Singapore Invests in New Cambodian Bank

An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...

Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/

Resurgent mobile deals could hurt margins, analysts say

‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say

Too many players vie in Kingdom’s ISP industry

Like the telecommunications industry in Cambodia, the market for internet service providers (ISP), too, is overcrowded, leading industry experts to say that the situation is preventing new investment. Data from the Ministry of Post and Telecommunications showed that at the end of 2012, Cambodia had ...

http://www.phnompenhpost.com/2013040464879/Business/too-many-players-vie-in-kingdom-s-isp-industry.html

Mfone’s Licence Revoked; Staff Terminated

The Ministry of Post and Telecommunications has revoked the operating licence of bankrupt phone operator Mfone, which went out of business two months ago, while more than 1,000 employees had their jobs officially terminated yesterday. The revocation of the licence and the mass dismissal of the ...

http://www.cambodiadaily.com/business/mfones-license-revoked-staff-terminated-16474/

ACU to act on Telecom claims

The president of the group responsible for rooting out government graft said yesterday that his investigators will look into allegations of corruption filed by state-owned Telecom Cambodia (TC) employees against the director-general of the company, Lao Saroeun. Anti-Corruption Unit (ACU) President Om Yentieng told reporters after ...

http://www.phnompenhpost.com/2013022861665/National/acu-to-act-on-telecom-claims.html

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

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

$2m missing: telecom staff

More than 200 employees of Telecom Cambodia demonstrated yesterday morning, demanding the company’s general director step down and that the Anti-Corruption Unit investigate the company. The strikers claimed general director Lao Saroeun had been involved in large-scale embezzlement, other forms of corruption and disrespect ...

http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html

EZECOM and Thai partner interconnect

Thai telecommunications network provider United Information Highway (UIH) and Cambodian internet service provider EZECOM said they established an interconnect agreement last month to offer improved service to customers conducting business with neighbouring countries. “We have UIH as a partner for our connection to Thailand; the connection ...

http://www.phnompenhpost.com/2013021261303/Business/ezecom-and-thai-partner-interconnect.html

iPhone struggles for a place in Cambodian market

It will not be enough for Apple to simply offer a cheaper iPhone for the company to gain share in the competitive Cambodian smartphone market, according to industry insiders. They say Apple’s operating system, iOS, may also restrict their potential growth. Bloomberg last week reported that Apple ...

http://www.phnompenhpost.com/2013011560781/Business/iphone-struggles-for-a-place-in-cambodian-market.html

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