[PHNOM PENH POST]
MFONE yesterday reported a 21 percent quarter-on-quarter decline in
total subscribers, which parent company Thaicom blamed on fierce
competition in the Cambodian telecoms sector. Total subscribers for the
second quarter of 2011 fell 20.7 percent to about 553,600 from just
over 698,000 in the first quarter, according company statements. Mfone,
51-percent owned by Thaicom, offers fixed-line, mobile phone and
internet services in Cambodia. Thaicom’s revenues from telephone
services, also including Laos Telecomm-unications Company, dropped
nearly 27 percent year-on-year to 274 million baht (US$9.1 million) from
374 million baht in the second quarter of last year.
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