PHNOM PENH, Sept 6 (Reuters) - Mobitel, Cambodia's largest mobile phone company, has agreed to buy $150 million of equipment from French communications giant Alcatel-Lucent to expand its network into the countryside.
Alcatel said the equipment was part of a four-year plan to expand mobile services ranging from voice to video streaming to the Internet to more than 3 million subscribers across the war-scarred Southeast Asian nation.
Mobitel has the lion's share of Cambodia's 1.5 million mobile subscribers, although growth has been so rapid its network has encountered capacity problems in the last two years.
Industry officials say the mobile phone market is growing at 40 percent a year in Cambodia, a nation of 14 million people with an average annual per capita income of $500.
Mobitel is a joint Swedish-Cambodian venture. Other operators are owned by Thai or Malaysian companies.
Source: http://asia.news.yahoo.com/070906/3/37hbw.html
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