Monday, November 5, 2012

Mfone in hot water over unpaid service charges

Norwegian energy company Eltek Valere has won a court injunction against Mfone, the Cambodian mobile phone unit of Thai satellite operator Thaicom, for failure to pay USD3.73 million in service charges, the Bangkok Post reports. ‘Mfone did not complete or implement its contract with Eltek, because until now the company did not pay for the equipment needed for its GSM network,’ the complaint filed by Eltek on 9 October said. ‘Despite this, tried to negotiate with the firm and many times informed them of the debt through their lawyer, but Mfone has not agreed to pay and even used tricks to delay talks many times until Eltek could not take it anymore.’ After reviewing Eltek's complaint, the Phnom Penh Municipal Court ordered Mfone to provide an assessment of its inventory and has also banned the company from selling any of its assets until the situation is resolved


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