M obile-phone giant Ericsson opened its first headquarters in Cambodia on September 11, according to local press reports. Jan Signell, Ericsson's Southeast Asian president, said at the opening in Phnom Penh that the fast-growing Asian market now accounted for 55 percent of the company's total earnings. Signell said the number of people using mobile phones in Cambodia was 1.2 million in 2005, had reached 1.4 million by mid 2006, and was expected to rise to three million by 2010.
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