Company Cheo Technology start commercial operation in North Korea's first cellular network third-generation, reports IDG News. The network was tested in late May of this year.
License Cheo Technology for the provision of mobile service provider of third generation in North Korea will expire after 25 years. During the first four years of work, the company will be the exclusive provider of cellular services in the country. At five years, Cheo Technology exempt from paying taxes.
Prices Cheo Technology is not reported. Representatives of the company, only underlined that prices will be acceptable to the people of North Korea.
Cheo Technology Company by 75 per cent owned by the Egyptian operator Orascom Telecom. 25 percent of its shares owned by North Korean companies Korea Posts and Telecommunication.
The first mobile networks were built in North Korea in 2003. In 2004, access to cellular communication was limited because of the attempt to blow up a train, which move the head of North Korea's Kim Jong Il. Then the bomb was set in motion a cell phone signal.
Currently, sales of mobile phones in North Korea is prohibited. They use only a small portion of the North Korean elite.
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