Orascom Plans Phone Service in NKorea

February 1, 2008 By KELLY OLSEN, AP Business Writer

(AP) -- Egyptian wireless company Orascom plans to invest up to $400 million in a new mobile phone network in North Korea, one of the world's poorest and most tightly controlled societies.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

NKorea allows limited Internet cell phone service

May 22, 2009 | 2 / 5 (1) | 0

Samsung to pay Qualcomm 1.3 bln dlrs in new licensing deal

Nov 05, 2009 | not rated yet | 0

Venezuela unveils 14-dollar mobile phone

Mar 05, 2009 | 4 / 5 (7) | 2

Mobile phones ring in growth in emerging markets

Oct 07, 2009 | not rated yet | 0

Nokia plans to launch mobile 'banking'

Aug 26, 2009 | not rated yet | 0

Rate this story - not rated yet

rank
1
2
3
4
5

view popular

Other News

Google's SPDY will speed up downloads

Technology / Internet

6 hours ago | 4.2 / 5 (5) | 3

(PhysOrg.com) -- As part of its effort to speed up the Web, Google is experimenting with SPDY, a new application layer protocol, that it hopes will speed up the conversation between browsers and Web servers ...

A sign marks the entrance to IBM Corporate Headquarters

IBM makes Big Blue cloud

Technology / Software

3 hours ago | 3 / 5 (2) | 5

IBM on Monday announced it has created the world's largest business computing "cloud" capable of holding an amount of digital data on a par with 250 billion iTunes songs.

Researchers customizing electric cars for cost-effective urban commuting

Technology / Energy

3 hours ago | 3.3 / 5 (3) | 0

Researchers at Carnegie Mellon University's Robotics Institute have converted a 2001 Scion xB into an electric commuter vehicle that will serve as a test bed for a new community-based approach to electric vehicle design, ...

Broadcast pioneer NBC prepares for cable takeover

Technology / Telecom

2 hours ago | not rated yet | 1

(AP) -- Eight decades after pioneering the concept of broadcasting, NBC is on the verge of a startling move that illustrates broadcast television's decline.

Cisco raises bid for Tandberg to $3.4 billion

Technology / Business

3 hours ago | not rated yet | 0

(AP) -- Cisco Systems Inc. said Monday it raised its bid for Norway's Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco's initial offer.