<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Khmer News: Cambodia news &#124; Cambodian economy &#124; Banking sector &#187; Technology</title>
	<atom:link href="http://khmerweekly.com/category/technology/feed/" rel="self" type="application/rss+xml" />
	<link>http://khmerweekly.com</link>
	<description></description>
	<lastBuildDate>Sat, 04 Feb 2012 21:08:06 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>Beeline ring an upbeat tone</title>
		<link>http://khmerweekly.com/2011/03/08/beeline-ring-an-upbeat-tone/</link>
		<comments>http://khmerweekly.com/2011/03/08/beeline-ring-an-upbeat-tone/#comments</comments>
		<pubDate>Tue, 08 Mar 2011 14:43:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[2009-launch]]></category>
		<category><![CDATA[after-enjoying]]></category>
		<category><![CDATA[Beeline]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cambodia]]></category>
		<category><![CDATA[general-director]]></category>
		<category><![CDATA[growth-since]]></category>
		<category><![CDATA[possible-acquisition]]></category>
		<category><![CDATA[ruled-out]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/2011/03/08/beeline-ring-an-upbeat-tone/</guid>
		<description><![CDATA[ Mobile operator Beeline has not ruled out a possible acquisition after enjoying “healthy and sustainable” growth since its May 2009 launch in Cambodia, according to General Director Gael Campan.]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Mobile machinist Beeline has not ruled  out a possible acquisition after  enjoying “healthy and sustainable”  growth since іtѕ Mау 2009 launch in  Cambodia, according to AƖƖ-purpose  Director Gael Campan.</p>
<p style="text-align: justify;">Despite  parent companionship Vimpelcom  stating that third quarter results for іtѕ  operations in Cambodia and  Vietnam last year fell “below expectations”,  Campan ѕаіԁ that the firm  is “οn thе rise well and our growth is healthy and  sustainable”.</p>
<p style="text-align: justify;">Hе agreed with commentators that the  domestic  service provider market was overcrowded, but ѕаіԁ there was no  “crystal  ball or algorithm” to сhοοѕе the right number of operators in  any  diligence or people.<br />
“Generally speaking there are always opportunities to bυу or sell; it is just a matter of price.”  he wrote.</p>
<p style="text-align: justify;">Thе companionship behind the Beeline brand is attempting to link with providers in other раrtѕ of the world.</p>
<p style="text-align: justify;">Beeline’s  parent companionship Sotelco  is margin owned by Nеw York-listed Vimplecom  Ltd. It is involved in an  ongoing merger with telecommunications assets  owned by Egyptian  billionaire Naguib Sawiris, though some shareholders  publicly oppose  the deal.<span id="more-1165"></span></p>
<p style="text-align: justify;">“Thіѕ deal would allow Beeline Cambodia   to be part of the fifth Ɩаrɡеѕt telco group worldwide, leveraging this   in terms of best practices sharing and organisation…,” Campan wrote.</p>
<p style="text-align: justify;">In  Cambodia, Beeline is aiming at a  younger demographic as a market for  іtѕ services. It has recently  introduced handset models that are dual  SIM – meaning a user handset  can swap back and forth between two  different service providers.</p>
<p style="text-align: justify;">“Youth is the core of the Cambodian market, they set trends and they like to experiment,” he ѕаіԁ.</p>
<p style="text-align: justify;">“[Cambodians]  are always aware about  services and promotions from all operators. It  is hard or pointless to  make them use only one machinist’s SIM.”</p>
<p style="text-align: justify;">According  to a Ministry of Posts and  Telecommunications presentation earlier this  year, Beeline ԁοеѕ not  have a 3G licence. Bυt Gael Campan ѕаіԁ it  operates іtѕ EDGE technology  at 2.75G speed, and is available in all 24  provinces. Pаrt of  Beeline’s expansion was facilitated through sharing  communication  towers with other operators, a ɡο which ѕtаrtеԁ last year.</p>
<p style="text-align: justify;">“Currently we are under negotiations to extend tower sharing,” ѕаіԁ Gael Campan.</p>
<p style="text-align: justify;">Vimpelcom  saw regional operating  losses, before depreciation and amortisation,  rise to US$8.8 million in  the third quarter of last year on revenues of  $5 million, but the  figure remained substantially below the $13.2  million operating loss  recorded in Q3 2009.Thе rest is here:</p>
<p style="text-align: justify;">Read more here:</p>
<p style="text-align: justify;"><a title="Beeline ring an upbeat tone" href="http://www.phnompenhpost.com/index.php?option=com_content&amp;amp;view=article&amp;amp;id=47193:beeline-ring-an-upbeat-tone&amp;amp;catid=3:business&amp;amp;Itemid=429" target="_blank">Beeline ring an upbeat tone</a></p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2011/03/08/beeline-ring-an-upbeat-tone/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Cambodia tourism sector increased 15pc in first nine months</title>
		<link>http://khmerweekly.com/2010/11/03/cambodia-tourism-sector-increased-15pc-in-first-nine-months/</link>
		<comments>http://khmerweekly.com/2010/11/03/cambodia-tourism-sector-increased-15pc-in-first-nine-months/#comments</comments>
		<pubDate>Wed, 03 Nov 2010 04:08:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Tourism]]></category>
		<category><![CDATA[Travel to Cambodia]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=729</guid>
		<description><![CDATA[Global financial crisis really affected strongly Cambodia tourism industry which is one of four pillar sectors to drive the growth of Cambodian economy. During the first 9 months of 2010, the number of foreign tourists increased 15 percent. According to the statistics from the Ministry of Tourism, the number of foreign tourists who traveled to [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Global financial crisis really affected strongly Cambodia tourism industry which is one of four pillar sectors to drive the growth of Cambodian economy. During the first 9 months of 2010, the number of foreign tourists increased 15 percent.</p>
<p style="text-align: justify;">According to the statistics from the Ministry of Tourism, the number of foreign tourists who traveled to Cambodia via land, air, and sear was up to 1,803,180 tourists about 14,6 percent from 1,573,940 tourists in the same period last year.</p>
<p style="text-align: justify;">Tith Chantha, director general at the Tourism Ministry, was quoted by the post as saying that Cambodia aims to meet a goal of 2.5 million international visitors during 2010, up from 2.16 million last year.</p>
<p style="text-align: justify;">He added that “growth could be at around 15 percent for all of 2010 because of economic recovery, more regional flight connections and broad promotions.”</p>
<p style="text-align: justify;">Most of foreign tourists are coming from Korea, China, Thailand and other Countries.</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/11/03/cambodia-tourism-sector-increased-15pc-in-first-nine-months/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Beeline introduced new mobile top-up service</title>
		<link>http://khmerweekly.com/2010/09/01/beeline-introduced-new-mobile-top-up-service/</link>
		<comments>http://khmerweekly.com/2010/09/01/beeline-introduced-new-mobile-top-up-service/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 15:02:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Beeline]]></category>
		<category><![CDATA[Cambodia news]]></category>
		<category><![CDATA[Khmer news]]></category>
		<category><![CDATA[Mobile phone]]></category>
		<category><![CDATA[Phone service providers]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=697</guid>
		<description><![CDATA[Recently, Mobile phone operator, Beeline-Cambodia, introduced a mobile top-up service “Easy Fill”, which allows all Beeline subscribers to be able to top up any amount they would like to have, not required scratch cards to thousands of points of sale. The new service “Easy Fill” makes its subscribers easier to choose any amount they would [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Recently, Mobile phone operator, Beeline-Cambodia, introduced a mobile top-up service “Easy Fill”, which allows all Beeline subscribers to be able to top up any amount they would like to have, not required scratch cards to thousands of points of sale.</p>
<p style="text-align: justify;">The new service “Easy Fill” makes its subscribers easier to choose any amount they would like to top up from 50 cents up to $500. And this service is limited to only 11 provinces at present.</p>
<p style="text-align: justify;">Beeline subscribers are able to receive service “Easy Fill” from Beeline sales offices located in 11 provinces: Phnom Penh, Siem Reap, Sihanoukville, Battambang, Kampong Cham, Kandal, Kampot, Prey Veng, Kampong Chhnang, Kompong Thom and Banteay Mean Chey.</p>
<p style="text-align: justify;">After launch in May 2010, the Beeline distribution network in Cambodia was already comprised of 11 sales offices, more than 6,400 scratch card points of sales and more than 100 branded trade countries across 21 provinces.</p>
<p style="text-align: justify;">Therefore, Beeline subscribers have two options to top up their credit either scratch card or a new mobile service “Easy Fill”. By the way, mobile top-up service of “Easy Fill” is more convenient because customers only have to say what amount they want to top up and denominations start as low as 50 cents.</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/09/01/beeline-introduced-new-mobile-top-up-service/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Fibre-optic network links Cambodia</title>
		<link>http://khmerweekly.com/2010/07/20/fibre-optic-network-links-cambodia/</link>
		<comments>http://khmerweekly.com/2010/07/20/fibre-optic-network-links-cambodia/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 13:54:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Internet call]]></category>
		<category><![CDATA[Telecomunication industry]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=670</guid>
		<description><![CDATA[During the last decade, the telecommunications in Cambodia is growing including new coming mobile phone operators, internet service providers and other online services. Recently, the Cambodia’s government has made its efforts to push for the usage of telecommunications, particularly in public sector. Recently, the fibre-optic telecommunications networking linking Cambodia with other Greater Mekong Sub-region countries [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">During the last decade, the telecommunications in Cambodia is growing including new coming mobile phone operators, internet service providers and other online services. Recently, the Cambodia’s government has made its efforts to push for the usage of telecommunications, particularly in public sector.</p>
<p style="text-align: justify;">Recently, the fibre-optic telecommunications networking linking Cambodia with other Greater Mekong Sub-region countries in order to increase speed of communication began operation worth USD17.6 million.</p>
<p style="text-align: justify;">It is a part of the GMS Information Superhighway project, the latest links were built by Chinese telecommunications equipment supplier Huawei Technologies for a total of USD17.6 million. And the links have a network capacity of 2.5 gigabytes per second.</p>
<p style="text-align: justify;">The new 651-kilometre transaction line to Laos will speed up Cambodia’s communication by linking the country to a regional backbone already connecting Thailand, China, Vietnam and Laos.</p>
<p style="text-align: justify;">The fibre-optic networking is stretching from Kampong Cham to the Laos border along National Raod 7, and from Skum city in Kampong Cham province to Siem Reap along National Road 6, work laying the new cable wrapped up in Jully 2009.<span id="more-670"></span></p>
<p style="text-align: justify;">It will help improve conditions for people living in the GMS countries, increase telecommunication speeds and push an economic boon in Cambodia. In addition, it will help increase national income by promoting development of ICT, exchanging new technology and information and transmit voice, video, data and internet traffic widely to the world at an acceptable price.</p>
<p style="text-align: justify;">So Khun, Minister of Posts and Telecommunications, said that the construction was financed by a soft loan from China’s state-owned Export-Import Bank, and that the new network was under the control of Telecom Cambodia and Enterprise Telecom Laos, reported<a href="http://www.phnompenhpost.com/index.php/2010070640280/Business/fibre-optic-network-online.html" target="_blank"> the Post</a>.</p>
<p style="text-align: justify;">In December 2004, China initiated the establishment of the GMS Information Superhighway project which the memorandum of understanding was signed by the six regional nations. And the work on the latest line began at the end of 2007.</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/07/20/fibre-optic-network-links-cambodia/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lawsuit of two mobile phone operators not solved yet</title>
		<link>http://khmerweekly.com/2010/05/23/lawsuit-of-two-mobile-phone-operators-not-solved-yet/</link>
		<comments>http://khmerweekly.com/2010/05/23/lawsuit-of-two-mobile-phone-operators-not-solved-yet/#comments</comments>
		<pubDate>Sun, 23 May 2010 14:23:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Beeline]]></category>
		<category><![CDATA[cell phone]]></category>
		<category><![CDATA[Mobile phone]]></category>
		<category><![CDATA[Mobile phone service provider]]></category>
		<category><![CDATA[Mobitel]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=612</guid>
		<description><![CDATA[Cambodia’s leading mobile phone provider Mobitel filed a lawsuit against new mobile phone operator Beeline by accusing of using Mobitel-mobile phone prefixes without permission. Even though, this conflict does not turn into normal as what Beeline’s general director said on Monday. Conflict between two phone operators has yet to be solved and Beeline is still [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Cambodia’s leading mobile phone provider Mobitel filed a lawsuit against new mobile phone operator Beeline by accusing of using Mobitel-mobile phone prefixes without permission. Even though, this conflict does not turn into normal as what Beeline’s general director said on Monday.</p>
<p style="text-align: justify;">Conflict between two phone operators has yet to be solved and Beeline is still the subject of a $2.5 million suit currently before Phnom Penh Municipal Court- $1.5million in damages and $1million compensation to Mobitel.</p>
<p style="text-align: justify;">Beeline’s General Director- Gael Campan, said that the relation between the two phone operators were back to normal after Mobitel filed a lawsuit against Beeline last year.</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/05/23/lawsuit-of-two-mobile-phone-operators-not-solved-yet/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sony band 3-D television to be imported in Cambodia</title>
		<link>http://khmerweekly.com/2010/04/23/sony-band-3-d-television-to-be-imported-in-cambodia/</link>
		<comments>http://khmerweekly.com/2010/04/23/sony-band-3-d-television-to-be-imported-in-cambodia/#comments</comments>
		<pubDate>Fri, 23 Apr 2010 15:39:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[3-D television]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=572</guid>
		<description><![CDATA[On Thursday, Sony’s distributors of the state-of-the-art television set gave viewers the impression of watching footage in three dimensions at the flick of a switch, and believe that demand for high-end consumer goods is growing in Cambodia’s market in the later this year. The two companies which are distributing Sony-branded products in Cambodia are K4 [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">On Thursday, Sony’s distributors of the state-of-the-art television set gave viewers the impression of watching footage in three dimensions at the flick of a switch, and believe that demand for high-end consumer goods is growing in Cambodia’s market in the later this year.</p>
<p style="text-align: justify;">The two companies which are distributing Sony-branded products in Cambodia are K4 group and Sunsimexco.</p>
<p style="text-align: justify;">Canice Koh, senior executive for Sony Singapore’s home audio-visual product marketing department, was quoted by the Post as saying that the technology is the first of its kind to be marketed in the Kingdom.</p>
<p style="text-align: justify;">Spencer Low, senior manager of market department for Sony Singapore, said: “For the next couple of years, [the market] seems pretty rosy, according to the Post.</p>
<p>“We feel consumers in Cambodia will move toward our [high-end] target market segment.”</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/04/23/sony-band-3-d-television-to-be-imported-in-cambodia/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Govt axes Internet monopoly plan</title>
		<link>http://khmerweekly.com/2010/04/19/govt-axes-internet-monopoly-plan/</link>
		<comments>http://khmerweekly.com/2010/04/19/govt-axes-internet-monopoly-plan/#comments</comments>
		<pubDate>Mon, 19 Apr 2010 00:33:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Internet service providers]]></category>
		<category><![CDATA[telecoms sector]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=561</guid>
		<description><![CDATA[THE Ministry of Posts and Telecommunications (MPTC) has axed plans to create a state-run hub for all Internet connections in Cambodia, according to an attendee of a crunch meeting held late Monday. Minster of Posts and Telecommunications So Khun told a dozen business representatives the ministry will not compel Cambodian companies to use a central [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">THE Ministry of Posts and Telecommunications (MPTC) has axed plans to create a state-run hub for all Internet connections in Cambodia, according to an attendee of a crunch meeting held late Monday.</p>
<p style="text-align: justify;">Minster of Posts and Telecommunications So Khun told a dozen business representatives the ministry will not compel Cambodian companies to use a central Domestic Internet Exchange (DIX), the attendee said.</p>
<p style="text-align: justify;">Instead, the source said, So Khun told the representatives and about 30 MPTC officials that Internet connections can be routed through any exchange that Internet service providers (ISPs) see fit.</p>
<p style="text-align: justify;">“We are pleased and relieved,” said the source, a member of the private sector who requested anonymity late Monday. “It seems our worst fears are not going to happen.”</p>
<p style="text-align: justify;">“This was coming from the minister himself,” the source said. “It is very good news.”<span id="more-561"></span></p>
<p style="text-align: justify;">MPTC had wanted to charge private companies to route all domestic traffic through a monopoly managed by the state-run Telecom Cambodia (TC), a move that private interests worried had the potential to crush the burgeoning sector.</p>
<p style="text-align: justify;">Leading businessmen have voiced fears over the last two months that centralising the Kingdom’s Web provision could put US$500 million worth of infrastructure at risk, hand control of connectivity pricing to the state, stymie international investment and effectively end the Kingdom’s open ICT market.</p>
<p style="text-align: justify;">Private sector representatives have said the plan may have been suggested to shore up TC finances ahead of the opening of Cambodia’s securities exchange, a claim TC officials denied.</p>
<p style="text-align: justify;">Instead, TC leaders said the hub plan was to give the ministry more control over Web content.</p>
<p style="text-align: justify;">MPTC’s decision Monday is an apparent backtrack from a plan that the ministry’s director general, Moa Chakrya once detailed to the Post.</p>
<p style="text-align: justify;">Moa Chakrya could not be reached for comment late Monday.</p>
<p style="text-align: justify;">However, the attendee said Monday that ministry officials denied floating the plan as definitive and said the organisation had instead only been formulating ideas.</p>
<p style="text-align: justify;">Private sector officials were also criticised for speaking to the media, the source said.</p>
<p style="text-align: justify;">Moving forward, the attendee said, MPTC suggested that exchange providers would need licences to operate. It was not clear how these would be enforced or set out.</p>
<p style="text-align: justify;">The government’s issue of overlapping frequency licences to ISPs was also discussed. But a resolution, the source said, had yet to be reached.</p>
<p style="text-align: justify;"><em>Source: the phnom penh post</em></p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/04/19/govt-axes-internet-monopoly-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Banks launch sell down of $421m Mobitel loan</title>
		<link>http://khmerweekly.com/2010/03/28/banks-launch-sell-down-of-421m-mobitel-loan/</link>
		<comments>http://khmerweekly.com/2010/03/28/banks-launch-sell-down-of-421m-mobitel-loan/#comments</comments>
		<pubDate>Sun, 28 Mar 2010 02:05:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[ANZ bank]]></category>
		<category><![CDATA[Beeline]]></category>
		<category><![CDATA[Cambodian banks]]></category>
		<category><![CDATA[cell phone]]></category>
		<category><![CDATA[commercial banks]]></category>
		<category><![CDATA[Mobile phone]]></category>
		<category><![CDATA[Telecomunication industry]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=515</guid>
		<description><![CDATA[ANZ and Standard Bank launched the sell down of a US$421 million 18-month bridging loan this week, to back the Royal Group’s acquisition of Millicom’s majority stake in Mobitel. The loan covers the Royal Group’s November purchase of Luxembourg-based Millicom International Cellular SA’s network operations in the Kingdom for $346 million. The acquisitions included a [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">ANZ and Standard Bank launched the sell down of a US$421 million 18-month bridging loan this week, to back the Royal Group’s acquisition of Millicom’s majority stake in Mobitel.</p>
<p style="text-align: justify;">The loan covers the Royal Group’s November purchase of Luxembourg-based Millicom International Cellular SA’s network operations in the Kingdom for $346 million. The acquisitions included a 58.4 percent holding in Mobitel, Royal Telecom International Co Ltd and Cambodia Broadcasting Service Co Ltd.</p>
<p style="text-align: justify;">The debt-leveraged deal is thought to have given the Royal Group 100 percent ownership of Mobitel in an agreement lead-arranged by ANZ bank.</p>
<p style="text-align: justify;">The loan also refinances debt, including a $100 million loan arranged by International Finance Corporation in 2008.<span id="more-515"></span></p>
<p style="text-align: justify;">Royal Group Chief Financial Officer Mark Hanna said Thursday that the loan sell down was “standard procedure” in the acquisition, “the biggest of its kind ever done in the region”.</p>
<p style="text-align: justify;">Highlighting the fact that a Cambodian group was able to buy out a majority stake from a major international company, Hanna said: “It really increases the exposure that Cambodia gets.”</p>
<p style="text-align: justify;">He added that the assets bought from Millicom form “a central part” of the Royal Group’s plans for the future.</p>
<p style="text-align: justify;">A spokeswoman for ANZ, which is book-running and arranging the sell down together with Standard Bank, said via email from Singapore Thursday that the loan was put out for syndication on Monday.</p>
<p style="text-align: justify;">Responses are due in the last week of April this year, she said. Lenders have been invited to join at five ticket levels, Reuters reported Thursday, paying interest of as much as 14.73 percent.</p>
<p style="text-align: justify;">“According to Thomson Reuters LPC data, only eight syndicated loans have been completed in Cambodia, and this facility is the country’s biggest-ever corporate deal,” the ANZ spokeswoman added.</p>
<p style="text-align: justify;">The Royal Group partnered global telecoms company Millicom for a total of 14 years.</p>
<p style="text-align: justify;">After a strategic review of its South-East Asia assets, Millicom decided to sell its holding to its joint partner. On announcing the then prospective deal last August, Mikael Grahne, CEO of Millicom, said in a press release: “We are very proud of having played an important role in the development of the leading mobile operator in Cambodia and are very confident of the continued success of Mobitel and its people within the Royal Group.”</p>
<p style="text-align: justify;">Millicom also approved the sale of its Laotian operations to Russia’s JSC Vimpel-Communications (VimpelCom) for $65 million. Moscow-based Vimpelcom is the parent company of Beeline, the newest entrant to Cambodia’s crowded market for mobile-phone service. It announced last week that it had garnered more than 370,000 active subscribers in the Kingdom since its launch last May.</p>
<p style="text-align: justify;">Last week, Huawei Technologies, China’s largest private hi-tech enterprise, signed a $200 million cooperation agreement with Mobitel to extend its network.</p>
<p style="text-align: justify;"><em>Source: The Phnom Penh Post</em></p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/03/28/banks-launch-sell-down-of-421m-mobitel-loan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Would-Be Critics Quiet on Telecom Rates</title>
		<link>http://khmerweekly.com/2010/03/21/would-be-critics-quiet-on-telecom-rates/</link>
		<comments>http://khmerweekly.com/2010/03/21/would-be-critics-quiet-on-telecom-rates/#comments</comments>
		<pubDate>Sat, 20 Mar 2010 22:33:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[cell phone]]></category>
		<category><![CDATA[Mobile phone]]></category>
		<category><![CDATA[phone price]]></category>
		<category><![CDATA[Phone service providers]]></category>
		<category><![CDATA[Telecomunication industry]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=471</guid>
		<description><![CDATA[Financial experts here say Cambodia’s political environment has prevented them from investigating the impact of a price floor on telecoms, one of the country’s most lucrative sectors. By Sunday, all nine mobile phone companies had raised their per-minute rates to meet a standard cost mandated by the ministries of Finance and of Telecommunications, which they [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Financial experts here say Cambodia’s political environment has prevented them from investigating the impact of a price floor on telecoms, one of the country’s most lucrative sectors.</p>
<p style="text-align: justify;">By Sunday, all nine mobile phone companies had raised their per-minute rates to meet a standard cost mandated by the ministries of Finance and of Telecommunications, which they said was necessary to prevent a price war.</p>
<p style="text-align: justify;">Costs for Cambodian consumers is now $0.05 to $0.06 per minute, a jump from some of the promotional offers of newer phone companies, some as low as nothing.</p>
<p style="text-align: justify;">Analysts say the ministerial directive is contrary to the investment law and the policies of a free economy, but they are not willing to push further to learn how it might impact consumers and the market.</p>
<p style="text-align: justify;">“If you speak against something, you will be considered as an attacker from an opposition party,” said Chan Sophal, head of the Cambodian Economic Association, an organization of 60 economists. “The bad environment makes these intellectuals not brave enough express themselves.”<span id="more-471"></span></p>
<p style="text-align: justify;">Some 500 Cambodian economists can be find working at government institutions, in civil society and for international finance agencies. But few ever seek to intervene in government economic policies, unlike economists in neighboring countries like Thailand and Vietnam.</p>
<p style="text-align: justify;">Chan Sophal said the government is not open to comments on its economic policies. The telecom price floor, for example, was implemented silently, and only by ministry officials, without public debate, he said.</p>
<p style="text-align: justify;">“As independent economists, we want to provice recommendations,” said Chheng Kimlong, an economics professor at the University of Cambodia. “But we can only talk and our suggestions will not be considered.”</p>
<p style="text-align: justify;">“Especially, the Ministry of Posts and Telecommunications was known to be careless of other suggestions, but they will issue any directive without accepting any recommendations,” he said.</p>
<p style="text-align: justify;">Government officials reject such accusations.</p>
<p style="text-align: justify;">Telecom Minister So Khun said his ministry had consulted with “many” experts before issuing the directive, though he would not elaborate or name them.</p>
<p style="text-align: justify;">“We welcome all [suggestions], but we can’t answer whether the suggestions can be considered positive or negative,” he said. “My team will check and tell them what to do.”</p>
<p style="text-align: justify;">Thun Saray, president of the rights group Adhoc, said the government remains prickly in the face of criticism from independent organizations—a disservice to economic development.</p>
<p style="text-align: justify;">Ros Khemara, another member with the Cambodian Economic Association, said that in order to be professional, economists should make sure they extensively research. This is hard to do, he said, if they know their results will be ignored by the government.</p>
<p style="text-align: justify;">Business lawyers, too, can find the environment challenging, said Ly Tay Seng, president of HBS Law Firm and Consultants.</p>
<p style="text-align: justify;">“There are not many lawyers who want to express their opinion against the government, because they are worried it will impact their business,” he said.</p>
<p style="text-align: justify;"><em>Source: VOA Khmer</em></p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/03/21/would-be-critics-quiet-on-telecom-rates/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Phone operator Hello to launch the latest Blackberry</title>
		<link>http://khmerweekly.com/2010/03/09/phone-operator-hello-to-launch-the-latest-blackberry/</link>
		<comments>http://khmerweekly.com/2010/03/09/phone-operator-hello-to-launch-the-latest-blackberry/#comments</comments>
		<pubDate>Tue, 09 Mar 2010 15:08:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Blackberry]]></category>
		<category><![CDATA[Mobile phone]]></category>
		<category><![CDATA[Smartphone]]></category>
		<category><![CDATA[Telephone]]></category>

		<guid isPermaLink="false">http://khmerweekly.com/?p=461</guid>
		<description><![CDATA[After launching the Blackberry two times last year, Mobile phone operator Hello will import the latest Blackberry Bold handset, manufactured by Research in Motion’s (RIM), to Cambodia at the end of this month, according to the Post. Gary Foo, Hello’s Brand Manager, was quoted by the Post as saying that “we’ve seen encouraging take up [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">After launching the Blackberry two times last year, Mobile phone operator Hello will import the latest Blackberry Bold handset, manufactured by Research in Motion’s (RIM), to Cambodia at the end of this month, according to the Post.</p>
<p style="text-align: justify;">Gary Foo, Hello’s Brand Manager, was quoted by <a href="http://www.phnompenhpost.com/index.php/2010030933270/Business/hello-set-to-launch-new-bold.html" target="_blank">the Post</a> as saying that “we’ve seen encouraging take up of our Blackberry in the past couple of months and we would like to continue to capitalize on this trend.”</p>
<p style="text-align: justify;">He added that the Cambodian smartphone market was expanding as mobile users in the Kingdom increasing take up more sophisticated handsets.</p>
<p style="text-align: justify;">Following launching Blackberry at the end of April, 2009, Phone operator launched the first 3G Bold handset in the July.</p>
]]></content:encoded>
			<wfw:commentRss>http://khmerweekly.com/2010/03/09/phone-operator-hello-to-launch-the-latest-blackberry/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

