Koryolink
Joint venture | |
Industry | Telecommunication |
Founded | 2008 |
Headquarters | Pyongyang |
Area served | Pyongyang, and five additional cities and eight highways and railways. |
Products | Telephony, Mobile Network Access |
Revenue | US$ 5.8 million |
Parent |
Orascom Telecom Media and Technology Holding (75%) Korea Posts and Telecommunications Corporation |
Website | intranet Homepage Kwangmyung |
Koryolink (Korean: 고려링크, styled as koryolink) is a North Korean wireless telecommunications provider. A joint venture between the Egyptian company Orascom Telecom Media and Technology Holding (OTMT) and the state-owned Korea Post and Telecommunications Corporation (KPTC), Koryolink is the first 3G mobile operator in North Korea. It offers service in Pyongyang and five additional cities as well as along eight highways and railways. Phone numbers on the network are prefixed with +850 (0)1912. Despite being a 3G network, there is no Internet access (only Intranet access) for domestic users although as of April 2014, mobile internet access for foreigners with limited speed or traffic amount is available at a comparably high price.[1]
History
Orascom Telecom Holding was awarded the licence to establish a 3G mobile network in DPRK in January 2008. Koryolink has deployed its 3G network to initially cover Pyongyang, which has a population of more than 2 million, with an ambitious plan to expand its coverage to the entire country.
At network launch in December 2008, the network had 5,300 subscribers.[2] Orascom reported 432,000 North Korean subscribers after two years of operation (December 2010),[3] increasing to 809,000 by September 2011,[4] and exceeding one million by February 2012.[5] By April 2013, subscriber numbers neared two million.[6]
In 2015 subscriber number exceeded 3 millions and network was profitable. However the Government of North Korea refused permission to transfer profits from North Korea to Orascom and even started a second carrier to compete with Koryolink. As result Orascom in its financial result reported, that it lost control over Koryolink's activities.[7]
Use by foreigners
On February 26, 2013, Koryolink launched its internet service for foreigners.[8] On March 29, 2013, Koryolink restricted Internet service for foreigners.[9]
Sources
- Business Week - Cell phone demand stays strong in North Korea
- Compluenta - Сотовая связь Северной Кореи пошла в рост
- EasyBourse - France Télécom et Orascom signent les termes finalisés de leurs accords sur Mobinil
- c114.net - 奥斯康一季度净利4900万美元 朝鲜手机用户12.6万
- LA Times - North Korea allows cellphone network
- Other news articles on Koryolink
References
- ↑ http://blog.br.de/nordkorea-marathon/2014/04/12/kim-jong-uns-hauptstadt/
- ↑ http://www.nkeconwatch.com/category/organizaitons/orascom-telecom-holding/
- ↑ Orascom Telecom Holding First Quarter 2011 Results, page 29 (accessed 20 May 2011)
- ↑ Orascom Telecom Holding Third Quarter 2011 Results, page 30 (accessed 28 April 2012)
- ↑ Alaa Shahine (2 February 2012). "Orascom Telecom Media Shares Jump After North Korea Announcement". Bloomberg. Retrieved 15 October 2012.
- ↑ "North Korea embraces 3G service". BBC. 26 April 2013. Retrieved 18 May 2013.
- ↑ Williams, Martyn (18 November 2015). "How a telecom investment in North Korea went horribly wrong". Network World. Retrieved 13 March 2016.
- ↑ Park Seong Guk (26 February 2013). "Daily NK - Koryolink Mobile Internet Launched". Daily NK. Retrieved 6 April 2013.
- ↑ Cho Jong Ik (29 March 2013). "Daily NK - Tourist Internet Cut after a Month". Daily NK. Retrieved 6 April 2013.