Word: telecoms
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...greatly impressed by the good progress that London 2012 has made." In addition to the sporting venues, London is also building more than 30 new bridges, about 20 miles of new roads, a wind turbine to supply the park with renewable energy, and new water, gas, electrical, telecom and sewage facilities. (See pictures of London...
...hundreds of Chinese firms active there, which make up the largest group of foreign investors. Those investors now actually have an ally in Kim Jong Il, who has quietly reversed his earlier decision and started upgrading the country's dilapidated communications infrastructure. Toward the end of last year Orascom Telecom, the Middle East's largest wireless firm, was awarded a contract to install a national cell system. The 25-year contract, in a joint venture with the North Korean state telecom entity, calls for a $400 million investment, which Orascom doubled down on by also investing in a bank...
...Even more problematic are the regime's overriding security preoccupations. Key power and telecom transmissions are buried underground, which complicates much needed maintenance and upgrades. More communications also means eroded state control, which is a vital regime concern. There are currently only a little more than 1 million domestic phone lines - about 5 per 100 inhabitants - although just 10% belong to individuals or households. Unauthorized international calls abroad can lead to fines and arrest and in one case reportedly led to the public execution of a plant manager in October 2007, according to Good Friends, a Seoul-based aid organization...
...They are capable of handling very complicated software, and the results are extremely good," says Paul Tjia, a Dutchman whose GPI Consultancy has arranged for several European clients to outsource work to North Korean programmers. At Seoul's Unification Ministry, IT expert Lee Duk Haeng says Samsung and Korean Telecom are among a handful of South Korean firms currently using North Korean engineers...
...Europe, and Japan are faced with whether or not to let key companies in important industries pass into Chines hands. Last year, the Congress effectively blocked a deal for Chinese electronics firm Huawei Technologies to buy 3Com. The reasoning was the U.S. did not want critical telecom equipment intellectual property to be easily accessible to China. (See pictures of the global financial crisis...