Koryolink posts a subscriber base of 19,208 in Q1’09 (North Korea)

www.WirelessFederation.com/news: Koryolink, the Korean 3G mobile operator has posted a subscriber base of 19,208 at the end of Q1’09. The operator had launched its services on 15 December 2008. Koryolink earned revenues of USD 4.4 million and EBITDA of USD 0.3 million in Q1. ARPU reached USD 24.7, and minutes of use were at an average 146/subscriber.
Koryolink has installed its 3G network to initially cover the capital Pyongyang, which has a population of more than 2 million. The operator plans to extend the network to cover the entire country.