Financial Times: Deal of the day – Mongolia “saturated” with mobile phones

Even Mongolia has got crowded for mobile phone companies. Thursday’s announcement that South Korea’s SK Telecom, has sold its 29.3 per cent stake in a Mongolian mobile carrier because of a “saturated” market, proves the point. South Korea’s most popular mobile carrier by subscribed user accounts has sold all of its stake in Skytel for 28.3bn (US$ 25.4m). To read the full article, click hereDeal of the day – Mongolia “saturated” with mobile phones

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