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Orascom gets UN exemption to operate North Korean cellular network
Egypt’s Orascom Investment Holding has received an exemption from the United Nations to continue operating Koryolink, its North Korean cellular network, it said Monday. The ability of Orascom to continue as a partner in the network has been in doubt since U.N. Security Council sanctions last year banned foreign companies from establishing or running commercial…
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Orascom has ‘lost control’ of Koryolink
Orascom Telecom and Media Technology (OTMT) says it has effectively lost control of Cheo Technology, the North Korean joint venture cellular operator that uses the Koryolink brand-name and has around 3 million subscribers. The dramatic statement was contained in the company’s latest financial report, which also said that OTMT would no longer be treated as a…
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Koryolink faces big problems with cash, competition
Orascom Telecom, the majority owner of North Korean cellular network Koryolink, is facing major problems getting its money out of North Korea and now has new competition from its partner, the government, in the form of a rival cellular network. The new network was recently launched in competition with Koryolink and the two parties are currently discussing merging the…
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Orascom tackles its North Korean cash problem
The Egyptian company that runs North Korea’s sole cellular network appears to be finally confronting one of its biggest problems in North Korea: the value of its money there. Egypt’s Orascom Telecom and Media Technology (OTMT) said on Tuesday that it is delaying the filing of its latest quarterly financial report while it attempts to…
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Smartphone imports from China said to have hit record in 2014
Imports of smartphones from China into North Korea hit a record in 2014, according to a report by Yonhap News. The South Korean news agency said North Korea bought smartphones worth US$82.8 million from China last year, according to figures from the Seoul-based Korea International Trade Association (KITA). That’s almost double the 2013 number and in…
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North Korea bans WiFi at embassies
North Korea has banned the use of satellite Internet connections and WiFi networks by foreign embassies and international organizations unless they get government approval. The switch, which came in mid August, gives credibility to an earlier report that unencrypted wireless networks at embassies were being used by North Korean citizens to gain uncensored access to…
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Koryolink subscriptions hit 2.4 million
Subscriptions to Koryolink, North Korea’s only 3G mobile phone network, have just passed the 2.4 million mark, according to the latest figures from the operator. The figure represents a significant slowdown in growth in the last year over the previous year and points to the first big spurt in subscriptions being over. The carrier might have…
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Orascom has $422 million in cash in North Korea
Orascom Telecom Media and Technology (OTMT), the Egyptian company that owns a 75 percent stake in North Korea’s on 3G cellular network operator, has apparently been doing very well in the North Korean market. A recent audit report by Deloitte says the company’s assets in North Korea stand at US2 million, of which 2 million…
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Ham radio operators to refine DPRK plans
Two ham radio operators hoping to get permission to set up a temporary amateur radio station in North Korea have returned from a trip to the country and have plans to visit again. Paul Ewing (N6PSE) and David Flack (AH6HY) of the “Intrepid DX” group wrote that they will refine their proposal and “continue to…
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Ham radio operators hope to put North Korea on the air
A group of amateur radio operators are hoping to get permission from the North Korean government for a month-long trip to the country during which they’ll set up a ham radio operation. If they manage to pull off the plan, they’ll have succeeded where few have before. North Korea has no amateur radio operators and…
