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 Thursday, August 27, 2009

Orascom Telecom has reported that its mobile subscribers in North Korea nearly doubled in Q2Œ09 even though the ARPU dipped. Koryolink, in which Orascom owns a majority stake, ended June with 47,863 subscribers, twice more than what the operator had at April-end, when the total stood at 19,208, said Orascom.

Koryolink runs on a 3G WCDMA (Wideband Code Division Multiple Access) technology and is the only operator in the country open to individual subscribers.

During Q2 2009, the operator posted an ARPU of US$22.80, down from $24.70 in Q1Œ09. While EBITDA stood at $2.5 million.

Source: Wireless News