North Korean 3G network hits 19,000 subscribers - News

North Korea's first and only public cellular telephone network attracted 19,200 subscribers after just over three months in business.

Koryolink started operating on December 15 last year and signed up 1,694 customers by the end of last year, with a further 17,500 sign-ups during the first quarter, Orascom Telecom said in its first quarter results announcement.

The network generated modest earnings of US$312,000 for its operators in the first quarter, before accounting for interest payments, taxes, depreciation and amortization. Orascom did not disclose whether the network made a profit or a loss for the period.

Comments