SEATEL Group’s New Chairman Mr CHEN Yan Interviewed by The Commercial News
On 13 December, 2017, Annual General Meeting of South East Asia Telecom Group Ltd (“SEATEL Group”) was held in Phnom Penh, determining members of new Board of Directors (“BOD”). Mr CHEN Yan, Chairman of China Guangdong Zhongtai Group, parental company of Hong Kong Sun Bright International Holding Limited is elected as Chairman of SEATEL Group and received interview from The Commercial News.
In order to further narrow digital gap between Cambodian and the world’s developed countries in telecom industry, promote Cambodia economic and social development and facilitate information communication of Cambodia People, SEATEL Group determined to invest in Cambodia telecom market, incorporating South East Asia Telecom (Cambodia) Co, Ltd in 2014, certified as the first full network 4G VoLTE telecom operator in the world by GSMA. Until now, SEATEL has invested USD 250 million in Cambodia, constructing and purchasing 12,000 km buried fiber optical cable and completing 4G mobile telecom network across Cambodia.
Mr CHEN Yan introduced briefly Zhongtai Group, one large integrated company owning nearly 10 thousand staff and over CNY 30-billion assets with business in real estate, finance, leisure, telecom, mobile Internet, big data and property service, etc. Mr CHEN Yan said that additional USD 50 million is determined to inject to SEATEL Cambodia Project to support its development, which lays solid economic foundation in strengthening network coverage, promoting marketing and sales and perfecting subscriber services.
Mr CHEN Yan expressed that new BOD will lead all staff of SEATEL shoulder by shoulder, overcoming difficulties, striving to achieve great progress in all work aspects and making SEATEL the best and most distinctive mobile telecom and Internet enterprise in Cambodia and even Southeast Asia Region!