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/

Former Mfone Employees Protest for Severance Pay

More than 100 former employees of bankrupt mobile phone operator Mfone traveled from three provinces yesterday to protest outside the firm’s shuttered office on Phnom Penh’s Monivong Boulevard demanding their severance pay. Sok Samphorn, an engineer who was employed by Mfone, said employees from Phnom Penh, ...

http://www.cambodiadaily.com

Government To Push Digital Empowerment

Senior government officials yesterday were promoting the development of the information and communication technologies (ICT) sector in the Kingdom, particularly the concept of digital empowerment among young people. Deputy Prime Minister Sok An, who presided over the opening of ITU Asia-Pacific Regional Development Forum, held in ...

http://www.phnompenhpost.com/2013043065306/Business/government-to-push-digital-empowerment.html

Electronics market in Cambodia booms

The burgeoning demand for high-end electronic devices in Cambodia, driven by a more affluent and growing middle class, has doubled or even tripled sales revenues in the country, industry leaders say. “The market demand is shifting to the premium segment – from normal phones to smart ...

http://www.phnompenhpost.com/2013012460963/Business/electronics-market-in-cambodia-booms.html

Cambodia's e-commerce struggles amid potential

It was only in July this year when German-owned internet start-up incubator Rocket Internet launched shop.com.kh in Cambodia, an online retail store selling electronics such as mobile phones, laptops and tablets. Rocket Internet Cambodia co-founder Karl Seilern told the Post in July that the country’s growth ...

http://www.phnompenhpost.com/index.php/2012120560099/Business/cambodias-e-commerce-struggles-amid-potential.html

Locals Pay Almost Double for iPhone Amid High Demand

Cambodian customers eager to buy Apple Inc.’s newest iPhone are paying almost double the company’s asking price in the U.S., phone vendors in Phnom Penh said yesterday. At about a dozen phone shops near Phnom Penh’s Central Market, vendors were doing a steady trade in the ...

LG looks to introduce Optimus G soon

One of the top three manufacturers of mobile phones for the Cambodian market, LG, is likely to roll out its new flagship product, the Optimus G, by the end of the year. Success in the smartphone market would signal a successful turnaround for LG. Prior ...

http://www.phnompenhpost.com/index.php/2012092758949/Business/lg-optimus-g-coming-soon.html

Wealthy Splurge on 'Lucky' License Plates, Phone Numbers

Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...

Samsung holds No 1 position

Samsung smartphones are dominating Cambodia’s crowded mobile phone market in terms of market share and the number sold, company representatives said yesterday. “For the smartphone industry in Cambodia, we are absolutely dominant. That means we stand as number one in terms of market share, based on ...

http://www.phnompenhpost.com/index.php/2012082458257/Business/samsung-holds-no-1-position.html

Local microfinance institute invests in new ATM network

Hattha Kaksekar Ltd, a local microfinance institution, has invested almost US$2 million in a new ATM network, the company announced yesterday. Hattha Kaksekar now has around $32 million in deposits and will become the first financial institution to use SmartVista, an automated ATM process which also ...

http://www.phnompenhpost.com/index.php/2012072057524/Business/mfi-to-invest-in-new-atm-network.html

Rocket Internet launches e-commerce site in Cambodia

A local representative of controversial online start-up incubator Rocket Internet said the company would invest “millions” in Cambodia as it launched a new online retail store yesterday, in what market insiders call a trend toward increasing e-commerce in the Kingdom. The site, shop.com.kh is offered in ...

http://www.phnompenhpost.com/index.php/2012071157333/Business/rocket-launches-e-commerce-site.html

Research shows Cambodian entrepreneurship tendency

Ninety–nine per cent of Cambodians have a television set in their home, according to data compiled by Indochina Research. “We know everybody watches television,” said General Manager Laurent Notin. “Television is the most trusted media channel for Cambodians.” The saturation of television is only one of the ...

http://www.phnompenhpost.com/index.php/2012060156524/Business/research-shows-cambodian-entrepreneurship-tendency.html

Police raid home of ‘secessionist’s’ mum

Scores of security forces yesterday stormed the house of alleged secessionist leader Bun Ratha’s mother in Kampong Cham province yesterday, confiscating mobile phones and memory cards, his relatives told the Post. Bun Ratha, the alleged leader of Democratic Association, has been on the run since security ...

http://www.phnompenhpost.com/index.php/2012052356333/National-news/police-raid-home-of-secessionists-mum.html

‘Price Dumping’ in Telecoms Market Still Persists

The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...

Illegal Mobile Phone Services Targeted by Telecom Ministry

Illegal Thai mobile phone services have been ordered by the Ministry of Post and Telecommunications to cease their services inside of Cambodia. The services are being relayed as far as 100km within the border of Cambodia through a series of illegally constructed cell towers. qb ...

Mobile phone revenues per user to decline

Revenues per user in Cambodia’s mobile phone sector will drop sharply over the next five years, according to global research and consultancy firm Frost & Sullivan. The company said the average revenue per user – ARPU, a key metric for the industry – would fall ...

http://www.phnompenhpost.com/index.php/2011070150112/Business/mobile-phone-revenues-per-user-to-decline.html

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