News

Former Mfone staff to get paid

Over eight months after Cambodian mobile operator Mfone filed for bankruptcy, the defunct provider’s former staffers should get their outstanding salaries in November, according to the case’s court-appointed administrator. Bankruptcy administrator Ouk Ry said yesterday that deals have been made on many of the failed telecom’s ...

Anne Renzenbrink and Hor Kimsay
http://www.phnompenhpost.com/business/former-mfone-staff-get-paid

Mfone workers paid, a little

After months of protests, more than 1,000 former Mfone employees yesterday received just 10 per cent of the $4.4 million they were demanding in compensation after the telecom company filed for bankruptcy in January. Court-appointed administrator Ouk Ry, entrusted with the sale of Mfone’s assets, ...

http://www.phnompenhpost.com/business/mfone-workers-paid-little

Holdings draw veil over Mfone

When the owner of Kingsland garment factory fled the Kingdom last year, enough pressure was applied to its sourcing companies H&M and Walmart to persuade them through their intermediaries to compensate workers left jobless. Distance could no longer absolve them of responsibility. Just like the Kingsland ...

http://www.phnompenhpost.com/2013041865106/Business/holdings-draw-veil-over-mfone.html

MFone workers told to wait

Former employees of the failed telecommunications company MFone have been told they can expect a decision next month on their claims for more than $4 million in compensation. Former Mfone section manager Bou Kunthea said after a meeting yesterday with offic-ials from the Ministry of Social ...

http://www.phnompenhpost.com/2013032062036/Business/mfone-workers-told-to-wait.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

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

Firm to File Criminal Complaint Against Mfone

Norwegian energy firm Eltek Valere will file a criminal complaint today against mobile phone operator Mfone over an agreement that was signed last week to shift Mfone’s existing subscribers to MobiTel, according to a lawyer representing Eltek. The decision by the Thai-owned mobile operator Mfone to ...

http://www.cambodiadaily.com

Thaicom's Mfone files for insolvency

Cambodia-based telecommunication operator Mfone, part of the Thaicom group, on Wednesday petitioned for insolvency proceedings in Phnom Penh after facing difficulties in an intensely competitive market and after failing to complete the sale of its shares to INT Management Service Company. “Mfone has been through a ...

http://www.nationmultimedia.com/business/Thaicoms-Mfone-files-for-insolvency-30197687.html

Mfone CEO to resign, company says still open to merger talks

MFONE CEO Yap Wai Khee will resign at the end of the month, officials said yesterday, fuelling questions about the future of the company. Yap Wai Khee, who held the position for about a year, will leave for family-related reasons, according to Atip Rittaporn, managing director ...

http://www.phnompenhpost.com/index.php/2011101352106/Business/mfone-ceo-to-resign-company-says-still-open-to-merger-talks.html

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