Russian holding Altimo was unable to “modify” its primary “daughter” – “VimpelCom” (trade mark “Beeline”): Holding last year acquired a license for cellular communications in Cambodia, which intends to implement, together with the Vietnamese Viettel. However, the Vietnamese preferred cooperation with the Russians taylandtsami, resulting in Cambodian license went to “VimpelCom”. Analysts note that the entry of Cambodia cost operators quite cheap.
Telecommunications operator VimpelCom “operating under the trademark” Beeline “, has acquired 90% stake in offshore Atlas Trade, the company owning the Cambodian Sotelco. The amount of the transaction was $ 28 million, “VimpelCom” also entered into an option to purchase the remaining shares from a local partner. Sotelco owns a license to work in GSM 900/1800 standards in Cambodia and besproovodnoy frequencies for data transmission. According to Vice-President “Vympelcom” Nicholas Pryanishnikova, 3-4 years for a Russian company invest in the development of its asset $ 200 million, which should allow Sotelco connect 2 million subscribers. Running through the network planned for 9 months.
Seller, addressed the Russian telecommunications holding company Altimo, owning 44% of voting shares “Vympelcom” and buy Sotelco in August last year. For information, which then informed sources in Altimo, a holding Sotelco intended to use to enter the neighboring market of Vietnam. There Altimo look to the cellular operator Viettel and reached an agreement to participate in its privatization. Viettel also has a cellular license in Cambodia, as one of the items agreement with Altimo was the joint osovenie this market.
However, the original “idea” Altimo did not work: a month ago it became known that Viettel as a partner for the development of Cambodia has chosen a company Chunghwa Telecom of Thailand, which was set up joint venture. As an investment holding company Altimo and construction of cellular networks is not involved, other way, except for the sale of “VimpelCom”, is not perpetuated. Besides “VimpelCom” literally two weeks ago closed the transaction to establish a cellular operator in Vietnam Gtel Mobile, which allowed the Russian cellular operator to begin creating a cluster of countries in Southeast Asia.
Cambodia’s population is 14 million, the level of penetration of mobile services – a total of 17%. However, despite great promise, the Cambodian cell market fairly closely. The standard here has five GSM cellular operators: CamGSM (market leader with a 70% stake owned by the Swedish Millicom International Cellular), Camshin, Cadcomms, Telecom Malasiya International Cambodia and Appliphone (holding belongs to Kazakhstan’s Visor Capital, a network operator only recently built and still serves only 20 thousand subscribers). As already mentioned, GSM-license in Cambodia and Vietnamese owned Viettel, and CamGSM, Camshin and Cadcomms still owned and licences for third generation mobile communications in the standard UMTS. The license for cellular communications in the standard CDMA-800 is the company Az.com, but on a fixed cellular communications in the standard CDMA-450 – from Camshin.
Nevertheless, analysts approves acquisition by a Russian operator. “U” Vympelcom “no other way to continue to show rapid growth – noted managing partner of ACM-Consulting Mikhail Alekseyev. – Markets CIS countries, where he now works, close to saturation, with hopes for a massive boom of new services based on mobile internet is not accounted for. Given that, for example, in Iran, the third cellular license will cost at least several hundred million dollars, and “VimpelCom” for the license in Cambodia has paid only $ 28 million, the transaction is very profitable. ” “In this situation, any purchase at the untapped market is profitable cell – agrees CNews Analytics expert Alexander Moroshkin. – It does not matter how many now in this country operates cellular operators, it is important, but who invest in the development of their networks. And” Vympelcom “has all the resources for that, unlike the local players.” [Cnews]
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May 13th, 2009 at 6:13 am
Dear Sir/Madam
To the leader and staffs of Beeline operated in Cambodia. I am please to promote that your company is quickl improved. I really like the way all of you doing. I would always stand at your side, and I am now using your service. Your service is qeit covered with Cambodia. I’m happy to use your service, and I also wish to be your team player. I used to applied for Field Sales Specialist, but there is no contacted for an interview. Thanks for provids the Cambodian services and opportunities. Please forgive me if there is mistaken or slang words.
Yours Sincerly
CHANTHA THAY (Mr)