The Ministry of Posts and Telecommunications has taken action against internet service provider King Technologies known as Opennet. The Telecommunications Regulator of Cambodia will issue a letter suspending the company’s license, and next week the Ministry will shut down the company temporarily.
This is according to Sovisothy, Secretary of State and spokesman for the Ministry of Posts and Telecommunications.
He said that the ministry had found more than $6 million in debt was owed by King Technologies (Opennet) from 2017 to 2019 and additional contributions to the USO and CBRD. A total of more than $1.8 million, which was not declared from 2018 to 2020.
According to MPTC, Opennet did not fully repay the debt, paying only $1.3 million and evading the remaining $6.6 million.
According to a letter from the Ministry of Economy and Finance and the Ministry of Posts and Telecommunications, a joint statement last week stated that Kingnet Technology (Opennet) is still obliged to pay its debts to the state.
According to the announcement, the two ministries have set a period of 7 (seven) days from the date of issuance of the notice for the company to fulfill the obligation to pay the debt of Revenue Share and other debts that the company still owes.
In the event that King Technology (Opennet) continues to evade paying its debt to the state, the two ministries will take action to suspend the company’s license and implement Article 78 of the Telecommunications Law, as well as other measures in accordance with applicable laws and regulations.
This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.