Vimpelcom, Russia’s second largest cell phone operator has announced it will invest in Cambodia through the purchase of Sotelco according to Reuters UK.
The Cambodian investment deal with Vimplecom and telecommunications and internet service provider Sotelco involves an estimated $28 million purchase yet no other details were released.
Interestingly, the move by Vimpelcom to invest in Cambodia coincides with Vimpelcom similar investment in Vietnam. See Vimpelcom to Invest in Vietnam
Cambodia Foreign Direct Investment cambodia investment invest in cambodia sotelcom vimplecom
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