The mobile telephony market in Mongolia is fast maturing, with expanding 2G and 3G coverage set to drive up connections and penetration surpassing 100% by the end of the year. Industry growth has been boosted by fierce competition among the four players in the marketplace, Mobicom Corporation, Unitel Group, Skytel and G-Mobile, who are vying for just 2.8m possible subscribers. However, progress has yet to make a significant contribution to private sector growth or translate into major investment, despite the expectation of an approaching data boom. Ireland-based analysis firm Research and Markets predicted in May that Mongolia would have 3.1m mobile connections by 2015, mirroring an expected rise in penetration rates from 30% in 2006 to 117% in 2012. Its forecasts were supported by market leader Mobicom’s announcement in September that it had connected 359 urban centres through its GSM network, with coverage extended to the Undurkhangai soum (district) of Uvs province in...
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