Posts tagged CHEO Technology
Sawiris takes charge of Koryolink parent
Nov 5th
Egyptian businessman Naguib Sawiris has taken over as CEO of the parent company of Cheo Technology, which runs North Korea’s Koryolink 3G cellular telephone network.
Sawiris assumed the top job at Orascom Telecom Media and Technology (OTMT) after the former CEO, Ahmed Abou Doma, stepped down for personal reasons. He had been CEO for less than a month, taking the job on October 1.
Earlier in October, Sawiris made his latest visit to Pyongyang.
He arrived in the North Korean capital on October 12 and left two days later. During his trip, he met with DPRK Premier Pak Pong Ju at Mansudae Assembly Hall and, as is customary, More >
Koryolink subscriptions hit 2.4 million
Sep 8th
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 to start working harder to continue attracting new users.
At the end of June, the network had just over 2.4 million subscribers, according to Orascom Telecom Media and Technology, the Egyptian company that owns 75 percent of the company.
The last time the company announced subscriber data was in May More >
Inside North Korea’s cell phone use
Mar 12th
North Koreans used cell phone messaging to independently organize a soccer group, surprising authorities, according to a new report on cell phone usage in the country.
The soccer club was apparently organized by a group at Kim Chaek University of Technology in Pyongyang, and could be one of the reasons that pushed authorities to launch a regional cell phone service that was more restrictive than previous offerings, said the report by Kim Yonho, a journalist with the Voice of America.
The report, “Cell Phones in North Korea,” was earlier this month by the U.S.-Korea Institute at SAIS, the Johns Hopkins School of International More >
Orascom has $422 million in cash in North Korea
Dec 16th
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 US$512 million, of which $422 million is sitting in cash. The figures were obtained using the official exchange rate on September 30. Due to currency controls imposed by the government, that cash isn’t readily available to OTMT to withdraw from the country.
“North Korea has implemented currency control restrictions and, in particular, rules More >
Koryolink hits 2 million subscribers
Jun 2nd
North Korea’s Koryolink cellular network has hit the 2 million subscriber mark, majority owner Orascom Telecom said this week.
The landmark was reached in late May, 15 months after it surpassed the million subscriber mark.
Koryolink launched its 3G cellular service in the final days of December 2008 and in the last four years has expanded service to cover all major towns, highways and railways in North Korea.
“When we first acquired the license in North Korea, people thought the service will only be provided to a few privileged individuals,” said Naguib Sawiris, Executive Chairman of Orascom Telecom Media and Technology in a statement. “We are More >
Koryolink nears 2 million subscribers
Apr 26th
Koryolink, North Korea’s sole 3G cellular service provider, is close to hitting the 2 million subscriber mark.
The news was disclosed this week by the Koryolink CEO Ezz Heikal in Pyongyang and later confirmed by the company’s head office in Cairo. It means that Koryolink will have roughly doubled its subscriber base in the last 15 months. Koryolink hit a million subscribers in early February 2012.
Only a few years ago it would have been unusual to see anyone in Pyongyang speaking on a cell phone, but that all began to change in December 2008 when Koryolink launched its service. It’s now available across Pyongyang, More >
Koryolink mobile Internet charges detailed
Feb 25th
Ever since it became known last week that foreigners in Pyongyang would be able to get access to mobile Internet services through Koryolink, the big unanswered question has been ‘how much?’.
We now know, thanks to a report from China’s Xinhua News Agency, and prospective users might not like the answer.
The news agency said a USB modem and SIM card to access the Internet will cost 75 euro and 150 euro (US$100 and $200) respectively, and that’s without data charges.
Data will cost between 150 euro for 2GBs to 400 euro for 10GBs, with an additional 10 euro monthly charge for the SIM More >
Koryolink international calling rates detailed
Jan 23rd
Over the weekend a series of stories from Pyongyang reported that visitors to North Korea can now buy SIM cards for the local Koryolink network so they can make international calls while in the country.
Thanks to an update from Young Pioneer Tours, which was the first to report on the new service, we now know how much those calls will cost.
Visitors have three options for purchasing a SIM card:
- A 50 euro (US$67) card that is valid indefinitely and can be used on repeat visits. An unspecified amount of prepaid calling is included.
- A two-week rental SIM card, which costs 50 euro More >
Policy change allows tourist cell phones, Internet to come, says Xinhua
Jan 20th
The North Korean government is now allowing tourists to keep hold of their cell phones when they enter the country and buy SIM cards on the local network, according to a report by China’s Xinhua news agency.
The report comes hours after Young Pioneer Tours said tourists on their most recent trip were able to take in cell phones.
Quoting an unnamed Egyptian technician with Koryolink, the Egyptian-Korean joint venture that operates North Korea’s sole 3G network, Xinhua reported that the policy changed on January 7 this year.
The technician said visitors should have to register their cell phone when they enter the country More >
North Korea cell phone ban report incorrect, says Orascom
Feb 15th
North Koreans have not been banned from using mobile phones during a mourning period for Kim Jong Il despite a press report to the contrary, according to the majority owner of North Korea’s nationwide cellular network.
The U.K.’s Daily Telegraph newspaper reported on January 26th that the North Korean government had warned citizens they would be “branded as ‘war criminals’ and punished accordingly” if caught attempting to defect or use mobile phones during a 100-day period of national mourning.
The report was widely picked up by other news outlets, including Forbes, Foreign Policy, Global Post, and Computerworld and made for great headlines (“In N. Korea, use a cellphone and die”), but there More >
