North Korea Telecoms, Mobile And Broadband Market Statistics And Analyses 2024: Telecom Sector Shrinks Even More Following Orascom Write-Down
Date
6/19/2024 4:17:31 AM
(MENAFN- GlobeNewsWire - Nasdaq) Dublin, June 19, 2024 (GLOBE NEWSWIRE) -- The "North Korea Telecoms market Report - Telecoms, Mobile and Broadband - Statistics and Analyses" report has been added to ResearchAndMarkets.com's offering.
North Korea's Telecom sector shrinks even more following Orascom write-down
Following years of isolationism and economic under-achievement, North Korea languishes near the bottom of the world's telecom maturity index alongside Afghanistan and Turkmenistan (who also happen to be struggling under repressive political regimes). To make matters worse, in 2022 North Korea achieved the lowest score in the world for economic freedom. It barely needs saying that developing a healthy and prosperous telecommunications sector isn Tt exactly high on the dictatorship's agenda.
The obstacles to building a functioning telecom network are so numerous that a fixed-line segment barely exists. Foreign investors have been permitted to partner with the North Korea Post & Telecommunications Corporation (NKPTC) to progress mobile voice, text, and broadband services, albeit on a strictly limited scale and with tight restrictions over what can be accessed. Mobile penetration is estimated to have eased up slightly to reach 19% in 2021, yet the high cost of ownership coupled with strict censorship makes mobile communications the exclusive domain of senior government officials and diplomats.
For those citizens living close to China, it has been possible to obtain Chinese handsets and SIM cards, and to connect to towers (illegally) located just across the border. While this offers access to the outside world and at much lower prices than the state-controlled offerings, the risks are high including steep fines and the possibility of jail time.
North Korea has been slightly more effective in building an IT sector and a nascent digital economy on the back of a concerted effort to grow a sizeable, well-trained IT workforce. But even here, its capabilities have been directed more towards nefarious activities such as cybercrime and hacking into Western countries computer systems. North Korea's determination to put itself offside with the rest of the world in pursuit of its ideology can only lead to tighter controls on communications inside and outside of the country.
This report update includes the latest Telecom Maturity Index charts and analyses; an assessment of the global impact of the pandemic on the telecoms sector; and recent market developments.
Key Topics Covered:
Key statistics Regional Asia market comparison Market characteristics Market Leaders Market Challengers Market Emergents TMI vs GDP Mobile and mobile broadband penetration Fixed versus mobile broadband penetration Country overview COVID-19 and its impact on the telecom sector Economic considerations and responses Subscribers Infrastructure Telecommunications market Historical overview Regulatory environment Mobile market Mobile statistics Mobile infrastructure 3G Mobile broadband Major mobile operators Sunnet Koryolink Kang Song Byol Mobile handsets Digital economy Korea Computing Centre (KCC) Personal computer production E-education E-commerce and E-payments Digital media Broadcasting market TV channels Satellite TV Social media Twitter Facebook YouTube Google Maps Fixed network market Major network operators Lancelot Holdings Loxley Pacific (Loxpac) Telecommunications infrastructure National telecom network North-South connections International infrastructure Satellite Appendix - Historic data Glossary of abbreviations
Companies Featured
North Korea Post and Telecommunications Corp (NKPTC) NEAT&T Sunnet Lancelot Holdings Loxley Pacific Orascom Koryolink Kang Song Byol.
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