News

Mobile Firms Agree to Stop Price Dumping

Cambodia’s nine mobile phone operators on Friday agreed to refrain from engaging in unfair competition by offering generous top-up bonuses aimed at increasing their market share, officials said. Mao Chakrya, director of the Telecommunication Regulator of Cambodia (TRC), said that all of the country’s operators agreed ...

http://www.cambodiadaily.com/business/mobile-firms-agree-to-stop-price-dumping-20689/

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/

Creditors Claim $160 Million in Mfone Debts

Thousands of creditors have come forward alleging they are owed a combined $160 million by bankrupt mobile phone operator Mfone, the administrator appointed to the case said yesterday. “Mfone owes money to hundreds of companies and thousands of individuals totaling $160 million,” he said. Nim Solida, ...

http://www.cambodiadaily.com/business/creditors-claim-160-million-in-mfone-debts-16379/

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

Cambodia reports 60 pct rise in internet users last year

Cambodia recorded about 2.7 million internet users as of December last year, a 60 percent rise year-on-year, a senior official said Thursday. Meanwhile, he said the country has 6 mobile phone operators. As of last year, those operators had sold out 19.1 million SIM cards, ...

http://news.xinhuanet.com/english/sci/2013-03/14/c_132234173.htm

Mobile Phone Firms Threaten to Sue Mfone

Mobile phone operators Hello Axiata Co. Ltd. and Latelz Co. Ltd. are threatening to take legal action against the Thai-owned firm Mfone for allegedly refusing to pay hundreds of thousands of dollars allegedly owed to them in interconnection fees. In a letter dated October 12 to ...

http://www.cambodiadaily.com/business/mobile-phone-firms-threaten-to-sue-mfone-4811/

Cambodia's highly competitive mobile phone industry poised for change

The nation is awash with SIM cards, and that is indicative of an industry that, as most observers see it, is simply overcrowded. But [mobile phone] operators, despite their special promotions and a young population in love with phones, are finding themselves squeezed as margins ...

Mobile Phone Subscriptions Near 20 Million

The number of mobile telephone subscriptions reached nearly 20  million at the end of June, representing 135 percent of the total population, the telecoms minister said last week. The number of mobile subscriptions first topped Cambodia’s total population of 14.5 million people in November last year, ...

Revenue Growth in Advertising Sector Slows

Revenue growth in the advertising sector increased just 4 percent to $24.1 million during the first quarter of the year compared to the same period in 2011, as mobile phone operators struggling to make a profit in an oversaturated market were forced to cut their ...

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