How a telecom investment in North Korea went horribly wrong

By Benjamin Katzeff Silberstein

In PC World, Martyn Williams of North Korea Tech has an interesting piece on the story of Orascom in North Korea:

An Egyptian company that launched North Korea’s first 3G cellular network and attracted as many as 3 million subscribers has revealed that it lost control of the operator despite owning a majority stake.

The plight of Orascom Telecom and Media Technology in North Korea takes place against a backdrop of rapid telecom modernization and a public eager to adopt a new technology. It’s ultimately a lesson in the perils of getting into bed with a government that’s not known for respecting international law.

When Orascom announced plans to launch the 3G service in 2008 it met with skepticism. The North Korean government severely limits its citizens’ ability to communicate and has jailed or killed anyone who speaks out against the regime. The regime has regularly threatened war against its foes and was under sanctions at the time for a 2006 nuclear test.

But Orascom Chairman Naguib Sawiris saw something else: a land that technology had forgotten. He’d successfully built cellular networks in other developing countries, and North Korea seemed a perfect candidate, especially with its low fixed-line penetration.

Read the full story:

How a telecom investment in North Korea went horribly wrong
PC World
Martyn Williams
11-17-2015

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