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Unitel (Universal telecommunications) is a Mongolian Corporate Group of IT companies. Unitel Corporation was founded on December 23, 2005 as BSB consortium as GSM mobile phone operator, and began operations on June 26th of 2006. The company was renowned with its unique marketing and innovative products. Unitel provides mobile phone, internet, IPTV and communication satellite. Unitel is group of the six subsidiary IT companies of MCS group. MCS, Mongolian largest private held organization currently owns the major share of Unitel. Unitel is a second largest mobile operator in terms of subscriber base in Mongolia. Its revenue, profits and revenue per subscriber (ARPU) figures are slightly lower than competitor MobiCom, however is steadily gaining. Within its initial year Unitel acquired 200 thousand subscribers, probably the biggest acquisition in one year in Mongolian telecommunication history so far. In 2009 Unitel launched its 3G network on HSDPA 2100 Mhz. Unitel network covers approximately 83% of total population of Mongolia. In November 2010 Unitel declared that it has become 100% indigenous company (i.e. Mongolian share owners bought all share from the Korean side). In 2011 Unitel merged with other IT subsidiary companies of MCS group and officially changed its status as corporate group.
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Mongolia
