News

Mobile firms told to spread message: MFIs not state-run

Prime Minister Hun Sen on Wednesday pulled the country’s mobile operators into his aggressive campaign to clear up any confusion about the relationship between the government and microfinance institutions (MFIs), ordering them to send audio and text messages telling subscribers that MFIs were private entities. ...

Kuch Naren
https://www.cambodiadaily.com/news/mobile-firms-told-to-spread-message-mfis-not-state-run-125665/

Telcos called to pay debts

Frustrated with the lack of compliance, the government has given the Kingdom’s mobile operators an ultimatum: declare their company revenue shares and settle all outstanding debts owed to the government by the end of the month or face swift and severe punitive action. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/telcos-called-pay-debts

Creditors, Court in Dispute over Mfone Case

A court administrator and creditors who have filed complaints against bankrupt mobile operator Mfone are at loggerheads over whether or not to overturn two injunctions filed against the firm to stop it selling off its assets. “The judges are now considering to drop the injunctions because ...

http://www.cambodiadaily.com/business/creditors-court-in-dispute-over-mfone-case-18654/

Beeline In Negotiations with Potential Buyer

VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in ...

http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/

Telecom Minister Wants Mobile Firms to Merge

Telecommunications Minister So Khun said yesterday that more mergers and acquisitions should take place between Cambodia’s mobile operators in order to ease the ruthless competition currently seen in the market. ...

http://www.cambodiadaily.com

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/

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/

Cellcard's COO Kay Lot resigns

One of Cambodia’s primary telecommunications companies, Cellcard, announced yesterday that longtime Chief Operating Officer Kay Lot has resigned. The departure of Kay Lot follows the departure of CEO David Spriggs who resigned his position about two months ago. Telecommunications industry insiders say the otherwise healthy and profitable ...

http://www.phnompenhpost.com/index.php/2012090758552/Business/cellcards-coo-kay-lot-resigns.html

Future Telecommunications Regulator Will Face Challenges

A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...

Telecom Firms Say Mobitel Owes $1.5M in Connection Fees

Cambodia’s largest mobile phone company CamGSM Co. Ltd., which operates under the MobiTel brand name, has been accused by three other firms in the market of refusing to pay more than $1.5 million owed to them in interconnection fees. In a letter to Telecommunications Minister So Khun dated ...

Mobile market still growing

Cambodian mobile operators added more than 1 million new subscribers between May and July, with Smart Mobile seeing the largest percentage increase for the period, according to Ministry of Posts and Telecommunications figures obtained by the Post. Marc Einstein, a Tokyo-based analyst at research and ...

http://www.phnompenhpost.com/index.php/2011090751483/Business/mobile-market-still-growing.html

Tariffs May Prompt Thaicom Move

Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...

http://www.phnompenhpost.com/index.php/2011081951137/Business/tariffs-may-prompt-thaicom-move.html

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