www.mad-mongolia.com September 1, 2013
The cabinet Friday discussed a cooperation memorandum to be established between Mongolia’s government and the South Korean Korea Telecom Corporation (KTC).
The cabinet authorized the Information, Communications Technology and Post Authority and State Property Committee (SPC) to sign the document.
Accordingly, a collaboration is supposed to begin in introducing to Mongolia the 4G LTE technology and launching thus a new era of wireless communications.
KTC has been holding 40 percent of stocks of the parastatal Mongolian Telecommunication Company since 1995. In its country, the corporation has already introduced the Internet service based on the 4G LTE technology.