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Telecom strategy

Malaysia's biggest telecommunications provider Telekom Malaysia Berhad (TM) has deemed

Cambodia an investment priority. At a Malaysian press conference to announce its

2007 investment strategy, executive director Yusof Annuar Yaacob said TM plans to

expand its operations in the Cambodian market, where it has invested $59 million

over the past three years. TM is the market leader in nine Asian countries and now

owns 100 percent of Cambodia Samart Telecommunications Co Ltd (Casacom) -- soon to

be renamed TMIC -- after buying a 49 percent share last year. Yaacob said he expects

TMIC to become the leading communications company in Cambodia.

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