Southeast Asia Telecom (Seatel) plans to invest $400 million in its Cambodian subsidiary to build the nation's fastest 4G network.
Seatel Cambodia has already purchased 5,500km of fiber cable to serve as a backbone for a 4G VoLTE network, Cambodia Dailyreported.
Seatel Group entered the Cambodia market in 2013 through the purchase of local operator GT-TELL Cambodia, which operates under the brand Excell.
To date, Seatel has invested $100 million in the Cambodian market and has now lined up investment commitments to spend a further $400 million over the next 2-3 years.
The 4G rollout plan is split into three phases, with the first phase, involving the purchase of the fiber assets and construction of its headquarters, is nearing completion.
According to the company, the second phase is expected to begin in early 2015, and will involve increasing capacity and coverage. The final stage will commence at the end of 2016.
Seatel won't be the first in the Cambodian market to launch 4G – incumbent operator Smart Axiata introduced LTE services in January last year.