Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Telecoms given more time to pay into funds

Telecoms given more time to pay into funds

The exterior of the Ministry of Posts and Telecommunications.
The exterior of the Ministry of Posts and Telecommunications. Moeun Nhean

Telecoms given more time to pay into funds

The Ministry of Posts and Telecommunications has extended the deadline for telecoms to make mandatory contributions to a pair of funds by a month after a large percentage of the companies did not pay, according to one fund’s manager.

The 2016 Telecom Law and subsequent sub-decrees set up the two funds – Capacity Building, Research and Development Fund (CBRD) and Universal Service Obligation Fund (USOF) – which have the broad purpose of promoting the development of infrastructure and services in rural areas, where companies might not otherwise invest, as well as promoting research and fostering new talent in the industry.

Telecom companies are forced to pay a percentage of their annual revenue into the funds each year.

Tol Gnak, who oversees the USOF, said yesterday that the original deadline of February 28 was postponed until the end of March, as many operators were negotiating with the ministry to fulfill their obligation in installments due to cash flow issues.

Gnak and the manager of the CBRD held a press conference early last month, during which they said only one-third of telecom companies had paid so far, putting the total amount contributed at $4.2 million out of an expected $17 million.

A single telecom, Smart Axiata, reported paying $3.5 million at the time, making it likely that fellow telecom giants Cellcard and Metfone had not paid their full amounts.

Gnak declined to give the amount of money currently in the funds, only noting it was higher than a month ago. He also declined to name which organisations had or had not paid their fees.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Cambodia, states clash at UN session

    Cambodia traded shots with the international community in a heated exchange at the UN Human Rights Council in Geneva on Thursday evening, with states condemning the Kingdom’s ongoing crackdown on the political opposition and civil society, and an increasingly agitated Cambodia accusing member states