TRC gives up revenue collection to ministry
TRC gives up revenue collection to ministry
The Kingdom’s telecom regulator announced this week that it would transfer telco operator revenues it traditionally receives to the Ministry of Posts and Telecommunications as part of government reforms on revenue collection.
According to the Telecom Regulator of Cambodia announcement from March 10, money that the regulator used to collect from areas such as license fees and domain name system registration is to be received by the Ministry starting from January 2015.
TRC chairman Mao Chakrya declined to detail the financial figures this would amount to, but said the move was part of an ongoing governmental reform effort.
“[The transfer] is following our government policy for strengthening government revenue collection,” he told the Post yesterday.
Sok Channda, chief executive officer of internet provider MekongNet, said the change in TRC policy would not impact her company, as fees would remain the same.
“It is our obligation to pay the fee to the government so there is not any problem for us.”