Beeline ring an upbeat tone
Tuesday, March 8th, 2011Mobile 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.
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.
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 [...]
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 [...]
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 [...]