CamGSM To Sell Stake

News: Cambodian telecoms operator CamGSM is reportedly seeking to divest a part of its share capital. Several trade and private equity parties are looking to acquire a stake in the firm or its 3,000 telecoms towers. Previously, PT Telkom Indonesia and France-based Orange were seeking to acquire a major stake in CamGSM, but discussions eventually ended during the due diligence process. Indonesia-based network operator Tower Bersama also conducted due diligence on the towers, although it decided not to follow through.

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Related sectors of this article: Telecoms
Geography: Cambodia

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