Thursday, 19 June 2008

Taiwan telecom company to enter Cambodian market

PHNOM PENH, June 19 (Xinhua) -- Chunghwa Telecom Co., the largest telecommunications operator of China's Taiwan, has announced plans to enter the Cambodian market, local newspaper the Cambodian Daily reported Thursday.

Chunghwa Telecom Co., which is traded on both Taiwan and New York stock exchanges and offer mobile phone and internet services, said recently that the company would collaborate with Viettel Co. in a 30 million U.S. dollars joint venture, the English-Khmer language daily said.

However, the company does not have any concrete plans in Cambodia so far, it added.

Khuon Bora, Viettel's deputy chief of marketing in Cambodia, said that details of the agreement with Chunghwa were unavailable.

Viettle began providing internet service in Cambodia at the end of 2007, but is still building infrastructure for its forthcoming 097 mobile phone network.

Editor: Jiang Yuxia

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