PHNOM PENH -- Cambodian regulators have sent shivers through the telecom industry with a threat to launch criminal proceedings against the German head of Smart Axiata, a Malaysian-owned telecommunications company that they accuse of "illegally" laying fiber-optic cable.
Experts say the move, which comes as regulators have ramped up auditing of the telecom sector, could have major repercussions for foreign investment in the country.
