BMI View: Following the exit of VimpelCom from the Cambodian market, there are fears that the company may also choose to withdraw from Laos as well. Both countries have a relatively well-developed mobile sector, but declining ARPU levels, slowing growth opportunities and intense competition are having negative effects on operator revenue. VimpelCom has reported net losses for its Southeast Asian operations over the past year and a half, partly as a result of subscriber losses and low spending. Prior to VimpelCom’s exit, Thaicom’s Cambodian unit filed for insolvency and merged its operations with Mobitel. The region is becoming less attractive …
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