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Logo of Phnom Penh Post newspaper Phnom Penh Post - Crossed wires

Crossed wires

On November 24 Asian telecommunication giant Telekom Malaysia Berhad (TM) announced

it will invest $50 million over the next two years into its 100 percent owned Cambodian

subsidiary Telekom Malaysia International (Cambodia) Company Ltd (TMIC).

TMIC, which operates under the brand "HELLO 015&016, had a subscriber base

of 187,700 users in June 2006 which represented a market share of 20 percent. TM

acquired complete control of TMIC in early 2006 when Thai company Samart sold off

its 49 percent share.

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