Amsterdam-based VimpelCom Limited, the sole owner of Russian mobile operator VimpelCom, is engaging in talks to sell its Cambodian unit, mobile operator Sotelco Limited. The company has not disclosed the financial details of the possible deal. Sotelco, a part of VimpelCom’s Africa and Asia business unit, provides services to about 1 million subscribers and holds a 5.64 per cent market share in Cambodia’s telecommunications sector. Currently, VimpelCom owns a 90 per cent stake in Sotelco.
