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.