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Koryolink hits half a million 3G subscriptions
Are things starting to get tough for Koryolink? North Korea’s only 3G cellular provider has published its quarterly results and the headline numbers look good. Subscriptions are at a record 535,133 and quarterly revenue has never been higher at US.8 million, but look a little closer and you’ll see the company is having to push…
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Koryolink 2010 full-year results
Full-year results for Koryolink, North Korea’s only 3G cellular carrier, have been announced by Egypt’s Orascom Telecom. Orascom holds a 75 percent stake in Cheo Technology, which is the company that operates the Koryolink service. The remaining 25 percent stake is held by the government-run Korea Posts and Telecommunications Co. (KPTC). The results show continued…
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Report: Cell phone rentals to visitors suspended
North Korea has suspended a cell-phone rental service for visiting foreigners, according to Japan’s Kyodo News. The suspension began in January and could, speculates Kyodo, “reflect concern in the North over the flow of information about democracy demonstrations sweeping the Middle East.” Telecommunications systems, including cell phones and the Internet, have proved instrumental in the…
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3G users to hit 1 million this year, says report
North Korea is expecting the number of 3G users in the country will reach 1 million this year, according to a Chinese television report. The prediction was made by a staffer of Chesin Commercial Corp., the government-linked company that runs North Korea’s international e-mail service, in an interview with Chinese Central Television (CCTV). “It is…
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Orascom CEO meets Kim Jong Il
The CEO of Egypt’s Orascom Telecom was given a dinner in his honor hosted by Kim Jong Il on Sunday night, KCNA reported on Monday. (Scroll down for updates) Naguib Sawiris arrived in the North Korean capital on Friday and his meeting with the North Korean leader was the first reported details of his activities.…
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North Korea tops 3G ranking
The late start of cellular telephony in North Korea has brought the country at least one advantage: it leads the world in 3G adoption. An impressive 99.9 percent of all subscribers in the country use 3G, placing North Korea number one in the world, telecommunication analyst TeleGeography said on Wednesday. The solid showing doesn’t really…
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Koryolink Q3 2010 results
Third-quarter financial results for Koryolink have been announced by majority-owner Orascom Telecom and what a quarter it was! The network managed record growth and revenue, thanks largely to network expansion. Koryolink is North Korea’s only 3G cellular network and is operated by CHEO Technology, a joint venture in which Orascom holds 75 percent and the…
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Cell Phone Demand Stays Strong at Koryolink
Koryolink, North Korea’s only 3G cellular operator, saw sales more than double in the first three months of this year as it expanded its network coverage and enjoyed continued demand for its service. At the end of March the company had 125,661 subscribers, a gain just under 34,000 subscribers over the quarter, according to majority-shareholder…
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North Korean 3G customers double in Q2
The number of cellular subscriptions in North Korea more than doubled in the second quarter of this year although average revenue per user (ARPU) fell, Orascom Telecom said. Koryolink, in which Orascom owns a majority stake, had 47,863 subscribers at the end of June. That’s more than twice as many as at the end of…
