News

Court Enforces Injunction Against Mfone

A court official on Friday agreed to implement an injunction to freeze the assets of bankrupt telecommunications firm Mfone Co. Ltd., according to a lawyer in the case. The Phnom Penh Municipal Court issued the injunction against Mfone on January 17, after Huawei Technologies Co. Ltd. ...

http://www.cambodiadaily.com

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

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/

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