Mongolia ICT

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What challenges could local IT companies face with the arrival of more foreign players in Mongolia?

While Mongolia’s information and communications technology (ICT) industry is relatively young by international standards, the country is widely regarded as an emerging centre of technology in Asia. The government, alongside a handful of leading private sector companies, has invested heavily in the nation’s fibre-optic networks and other...

With rapidly rising demand for telecommunications services and increasingly intense price competition in the mobile market in recent years, Mongolia is poised for substantial expansion in the foreseeable future. Mobile subscriptions have expanded rapidly, from fewer than 160,000 in 2000 to more than 3m as of the end of 2012, according to data...

Chapter | Telecoms & IT from The Report: Mongolia 2014

In 2012 the ICT sector as a whole posted total revenues of MNT650bn ($390m), up more than 17% from the previous years, according to the Information Technology, Post and Telecoms Authority. In the telecoms segment, the country’s four mobile operators are making plans for a considerable amount of capital expenditure in order to meet the needs of Mongolia’s rural population and to develop new higher...

Since the country’s transition from communism two decades ago, the Mongolian economy has experienced rapid liberalisation. Sectors including ICT and insurance are expanding quickly and, while the mining sector has been responsible for making Mongolia a rising star in the global economy, there is great potential for further growth in all economic sectors. 

Cabinet approval for Mongolia’s first satellite in late 2012 makes clear the height of the country’s ambitions for improving information and communications technology (ICT) provisions. Although a satellite launch is an ambitious objective, improving on-the-ground infrastructure will prove to be just as significant, and as challenging.

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