Posts tagged CHEO Technology
North Korea tops 3G ranking
Jan 12th
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 mean North Korea’s cellular network is ahead of the world. In fact, it does more to illustrate how statistics can sometimes provide only half the picture.
While 3G adoption is indeed strong, it’s because most people didn’t have a chance to subscribe to the country’s 2G network.
A small More >
Koryolink Q3 2010 results
Nov 9th
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 state run Korea Posts and Telecommunications Co. holds the remainder.
I covered the headline figures in this article at PC World: Koryolink Logs Big Jump in North Korean Cell Phone Users.
Here, I’d like to look a little bit more closely at the numbers.
Quarterly revenue hit a record More >
Cell Phone Demand Stays Strong at Koryolink
May 13th
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 Orascom Telecom. The Egyptian company, which invests in cellular operators in developing nations, owns 75 percent of Koryolink.
North Korean 3G customers double in Q2
Aug 26th
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 April, when the total stood at 19,208, said Orascom. The Egyptian company owns cellular networks in several developing markets, including a 75 percent stake in Koryolink. The remainder is held by the state-run Korea Posts and Telecommunications Corp.
Read the full story at Network World.
More >
