Logo of Phnom Penh Post newspaper Phnom Penh Post - Thaicom considers its future in Cambodia

Thaicom considers its future in Cambodia

Thaicom considers its future in Cambodia

THAICOM may sell its stake in Cambodian mobile operator Mfone and the Laos Telecommunications Company in the wake of continued declining performance, according to reports.

“We are pondering many alternatives, including pulling out of there. A decision on this matter should be made soon,” Thaicom chief executive  Suphajee Suthumpun said last week, according to Dow Jones Newswires.

“We may get rid of them, keep one of them, or keep both. It’s all possible.”

The heads of Cambodia’s  telecos were largely mum on talks regarding a merger with, or the acquisition of, Mfone, although most believe Cambodia’s eight telcos are too many, given the size of the market.  

Hello CEO Simon Perkins last week denied the firm was in discussions with Mfone.

“We have not been app-roached,” Perkins said.

Smart Mobile CEO Thomas Hundt declined to comment, saying: “We will look actively at the market and probable consolidation in the same way we did when merged successfully with Star-Cell.

“As a matter of fact, further consolidation is inevitable.”

The CEO of qb, Alan Sinfield, also declined to comment.  Officials at other providers did not respond to the Post’s request for comment.

Mfone, 51 per cent owned by Thaicom, offers fixed-line, mobile phone and internet services in Cambodia.

The company last week reported a 21 per cent quarter-on-quarter decline in total subscribers, which Thai-com blamed on fierce competition in the Kingdom’s telecoms sector. 

Total subscribers in  the second quarter of 2011 fell 20.7 per cent to about 553,600 from just over 698,000 during the first quarter, according company statements.

Mfone chief executive  Yap Wai Khee and chief marketing officer Sombat Krairit did not respond to questions about a possible sale of the company.


  • Diplomatic passports issued to foreigners to be annulled

    The Ministry of Foreign Affairs and International Cooperation will move to annul diplomatic passports issued to those not born in Cambodia. Analysts say the move may be in relation to reports that former Thai prime minister Yingluck Shinawatra used a Cambodian passport to register as

  • The hairy little heroes saving many lives in rural Cambodia

    IN RURAL Siem Reap province, rats dare to tread where no person will, as these hairy little heroes place their lives on the line each day for the good of the local community. The rodents are the most important members of a special team, leading

  • Hun Sen warns Irish MP of EBA ‘mistake’

    Prime Minister Hun Sen on Saturday told former Irish premier Enda Kenny, still a member of the EU nation’s parliament, that the 28-nation bloc should not make a “third mistake” regarding Cambodia by using the preferential Everything But Arms (EBA) agreement to “take 16 million

  • PM warns EU and opposition on 34th anniversary of his rule

    HUN Sen reached the milestone of 34 years as Cambodian prime minister on Monday and used the groundbreaking ceremony for a new ring road around Phnom Penh to tell the international community that putting sanctions on the Kingdom meant killing the opposition. “Please don’t forget