FPT looks to expand to Cambodia with rollout of mobile network
Vietnamese telecoms operator the Corporation for Financing and Promoting Technology (FPT) is seeking approval from authorities in neighbouring Cambodia to construct a mobile network in the country, Vietnam Business News reports. According to FPT’s deputy general director, Truong Dinh Anh, the firm plans to invest between USD6 million and USD10 million in the infrastructure, which would initially be rolled out in Cambodia’s three largest cities: Phnom Penh, Siemriep and Sihanoukville. FPT is hoping to follow in the footsteps of Vietnamese military-owned domestic rival Viettel, which according to TeleGeography’s GlobalComms Database, established its Cambodian unit Metfone in June 2007 after securing a GSM licence from the local regulator in December 2006. Following investment of over USD100 million in the deployment of a 2G network, the cellco launched in February 2009. If FPT is granted permission to launch a mobile network in Cambodia, the company will join Metfone and nine other cellcos in the market.