Tuesday, 1 September 2009

Over 200 Mln USD Invest in Cambodia Mobile Phones in First Half

2009-09-01
Xinhua
Web Editor: Hu Weiwei

Cambodia claimed Tuesday that investment in the country's mobile phones sector has increased to 234 million U.S. dollars for the first six months of this year.

According to the Ministry of Telecommunication and Posts, total investment in the sector amounting to 234 million U.S. dollars as of June this year, whereas last year, within the same period of time, the total investment was only 35 million U.S. dollars.

Officials at the ministry also said the number of mobile phone users is remarkably increased with about five millions of the country's total estimate of 14 million populations.

The ministry officials contributed the increase in the sector to the huge demands from Cambodians who enjoy their communication through mobile phone because it consumes less time than traveling to meetings with other people while their businesses are in larger demands.

Other contributing causes to the increase in mobile phone usage are the country's economic growth and the better living standard of the people.

In recent years, telephone and internet are the latest growing modern technology in Cambodia.

Nine mobile phone companies are running businesses in Cambodia, according to the ministry.

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