Logo of Phnom Penh Post newspaper Phnom Penh Post - Telecom Cambodia finds Vietnamese ISP partner

Telecom Cambodia finds Vietnamese ISP partner

Telecom Cambodia finds Vietnamese ISP partner

State-owned Telecom Cambodia has signed a business cooperation agreement with Vietnam National Post and Telecommunications Corp in order to bolster TC’s product portfolio and coverage area, company officials said yesterday.

Telecom Cambodia offers both fixed-line phone and internet services in the Kingdom. Vietnam National Post and Telecommunications, also state-owned, will provide the technology and equipment necessary for Telecom Cambodia to grow its operations in the Kingdom, and in turn allow the company to better compete in a crowded sector, TC director general Lao Saroeun said.

“We do believe that the agreement will help us to increase number of customers, expanding business activities and generating more revenue,” he said.

The boost in services would also result in lower prices for customers, he added.

Lao Saroeun declined to offer the financial details of the agreement, which is set to begin early next year, saying only that some kind of revenue-sharing agreement would be reached.

Vietnam National Post and Telecommunications officials could not be reached yesterday for comment.

Sreang Tito, chairman of Cambodia Data Communication, which owns internet service providers AngkorNet and MekongNet, pointed to the high level of competition among the Kingdom’s ISPs.

There were presently over 50 licensed ISPs in Cambodia, he said, calling the business environment “very difficult”. TC’s Lao Saroeun confirmed the figure, but said that only a small number of ISPs were active in the market.

The Ministry of Posts and Telecommunications claimed the Kingdom had 680,000 internet subscribers at the end of 2010, although the ministry’s figures often have been disputed by industry experts.

Ministry of Posts and Telecommunications director general Mao Chakrya said yesterday the Kingdom was working toward increased development of its communication and information technology capacity.

Telecom Cambodia last year earned revenues of US$30 million, according to Lao Saroeun, with the aim of reaching $34 million in 2011. The company is also among the first state-owned enterprises expected to list on the Cambodia Securities Exchange early next year, a deadline that Lao Saroeun confirmed.

MOST VIEWED

  • All Covid restrictions for inbound travellers lifted

    Cambodia has apparently taken the final step towards full reopening of the country without Covid-19 restrictions by removing all requirements for inbound travellers, who until now had to show health certificates indicating that they have tested Covid-19 negative in the past 72 hours as well as

  • Typhoon Noru brings flash floods – 16 dead

    An official warned that that the 16th typhoon of the season, Noru, had brought heavy rains to areas the Mekong River and flooded thousands of homes in the provinces bordering Thailand. As of September 27, the death toll from the flooding had risen to 16. National Committee

  • Cambodia stands firm on 5PC: No invite for Myanmar to ASEAN Summit this year

    Cambodia has not invited Senior General Min Aung Hlaing, chairman of Myanmar’s ruling State Administration Council (SAC), to the 40th and 41st ASEAN Summit and related meetings scheduled for next month in Phnom Penh. The government will instead invite a non-political representative from Myanmar

  • Mushrooming borey projects and home financing – a cause for concern?

    A spurt in housing developments is typically a sign of a growing economy but underneath all that might lay some anxiety of credit growth as developers offer financing to buyers at higher rates, an activity the central bank identifies as ‘shadow banking’ Earlier this year,

  • Thai Senate delegates in Cambodia to discuss anti-graft co-op

    A delegation from Thailand's Senate was in Phnom Penh on September 28 to meet their Cambodian counterparts to discuss strategies for fighting corruption and enhancing cooperation. The Thai delegates were from its Senate’s Committee on Studying and Inspecting Corruption, Misconduct and Strengthening Good Governance. They

  • Scholarship winner tells secrets to success

    Chhim Chaknineath was awarded the Chevening Scholarship for one year of postgraduate study in the UK for the academic year 2022-2023 along with a group of 10 other outstanding students who applied. She spent more than a year researching and studying – as well as consulting with