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Camtel

Sector: Telecommunications • Location: Cambodia

Source: World Bank Group

Project
Cancelled

In 1992, CamTel was awarded a 10-year license to operate an AMPS 800 network and the company started its operations in October of that year. The company was a joint venture between TelecomAsia, a subsidiary of Charoen Pokphand Group of Thailand, (70%) and Cambodian Ministry of Posts and Communications (30%). The initial investment was US$7.6 million. It had 5,000 subscribers by 1997 but only 3,45

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The project “Camtel” is an infrastructure initiative in the Telecommunications sector, located in Cambodia. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

cancelled

Taiyo status

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Taiyo last update

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Email

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Description

Description

In 1992, CamTel was awarded a 10-year license to operate an AMPS 800 network and the company started its operations in October of that year. The company was a joint venture between TelecomAsia, a subsidiary of Charoen Pokphand Group of Thailand, (70%) and Cambodian Ministry of Posts and Communications (30%). The initial investment was US$7.6 million. It had 5,000 subscribers by 1997 but only 3,457 by March 1999 due to stiff competition in the provision of mobile phone services. By 2003, Camtel, which was the pioneer in the market, had just 1,000 users of its low-tech analogue mobile service. The company's market share had become insignificant. Closed operations in Q4 2002. This project may need to classified as cancelled or concluded. Basically, it would appear that it wound down operations at the end of 2002 and had concluded.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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