Rising Mobile Broadband Penetration Continues to Drive Mongolia’s Telecoms Market www.theexpertconsulting.com

An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Mongolia – Telecoms, Mobile and Broadband – Statistics and Analyses“. This report provides a comprehensive overview of trends and developments in Mongolian telecommunication market. Mongolia possesses a liberalised and competitive telecoms market served by multiple competing players and an incumbent operator that no longer holds a dominant share of its market. The growing popularity of mobile broadband has underpinned overall broadband and telecoms growth. This trend is consolidating Mongolia’s position as a “mobile first” telecoms market and shaping the future direction of Mongolia’s developing digital economy.

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Mongolia is ranked 14th out of 34 with a Telecoms Maturity Index score of 42. This ranks Mongolia 7th last in the “Market Challengers” category. (BuddeComm’s “Asian Telecoms Maturity Index”, is an index (on a scale between 0 and 100) that measures and ranks the relative maturity of the telecoms industry in all of the 34 countries in Asia.) Compared to other Asian nations, Mongolia has moderate mobile penetration, moderate mobile broadband penetration and low fixed broadband penetration.

The penetration of fixed lines in Mongolia has increased strongly over the past five years as a higher proportion of residences decide to take a fixed line access option. Penetration is however predicted to only increase slightly over the next five years to 2022. There is a continued migration from fixed-line services to mobile operators that have a much higher availability in the rural areas and access to applications and services in the urban areas.

Fixed broadband penetration in Uzbekistan remains low mainly due to a limited number of fixed lines and the dominance of the mobile platform. However the market has grown very strongly over the past five years from a very small base. Over the next five years to 2022 moderate growth is expected to continue. A major driver of broadband growth among the general population will be affordable access to relevant content.

Mongolia’s mobile market has experienced relatively slow growth over the past five years in a relatively mature market. High mobile penetration levels in Mongolia are also indicative of healthy competition. Slow to moderate growth is predicted over the next five years to 2022. The market will be constrained from higher growth due to strong local competition and a further maturing market.

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Mobile broadband has become an increasingly attractive proposition due to the increasingly faster speeds offered coupled with improving tariffs due to strong competition among the four mobile network operators. Mobile broadband subscriptions grew rapidly commencing in 2012, with this growth attributed to the increasing popularity of 3G mobile broadband products.

The launch of 4G LTE services by all the major operators will see the uptake of mobile broadband customers continue to grow strongly over the next five years to 2022.

In May 2018 South Korea’s KT Corp completed the sale of its 40% stake in Telecom Mongolia back to the Mongolian government.

Key Developments:

The penetration of fixed lines in Mongolia has increased strongly over the past five years.
Over the next five years to 2022 moderate growth is expected to continue in the fixed broadband market.
The launch of 4G LTE services will see the uptake of mobile broadband customers continue to grow strongly.
MobiCom launched its first LTE-A services.
South Korea’s KT Corp completed the sale of its 40% stake in Telecom Mongolia back to the Mongolian government
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UN Special Rapporteur urges Mongolia to raise standards www.unwater.org

The UN Special Rapporteur on the human rights to safe drinking water and sanitation, Léo Heller, has called on the Government of Mongolia to do more to meet the water and sanitation standards set by the SDGs.
Heller’s report highlights existing disparities between nomadic, rural and urban populations, and between apartment-dwellers and those who live in ger, traditional yurts that usually lack sewage connections rely on mobile water sales for drinking water.

Chinese scrap ban won't do much for copper price www.mining.com

On Monday copper for delivery in July fell back in the red on the Comex market in New York at $3.088 per pound or $6,800 a tonne as traders ponder rising trade tensions between the US and China, the globe's number one metals consumer.

Government to present Mid-term Investment Program at Economic Forum www.montsame.mn

Ulaanbaatar /MONTSAME/ ‘Mongolia Economic Forum’ with purposes to define sustainable development policy of Mongolian economy and to seek opportunities to tackle pressing issues of the main sectors will be held on May 21-22 in the State House.

Potential mining of lithium and rare earth elements at Mongolian coal mine www.news.mn

Rare earth elements including a lithium reserve have been discovered in the Khuut coal mine, located in the Matad District of Dornod Province in eastern Mongolia. Tsogtjargal Dondovdorj, CEO of Buman-Olz LLC noted that the company has recently discovered rare earth elements including lithium in its mining site and expressed an interest to intensify exploration.

Public demands continuation of mortgage program www.ubinfo.mn

Ger District Movement organized a demonstration in tents at Sukhbaatar Square, demanding the continuation of city replanning of ger district area, which were conducted during the previous government and granting mortgage loan, which is currently frozen.

Previously, the Government of Mongolia backed the ger district replanning projects. Within the framework, lands of ger district households was changed for an apartments.

According to Head of Ger District Movement, all activities of companies involved in ger district replanning projects have stopped completely and the remaining fund of MNT 40 billion which was dedicated for the project shifted from its primary purpose. This caused many households to lose their lands and houses.

“A few years ago, my family released our land and made a contract with a construction company, which promised an accommodation in exchange for our land,” Sumiyajav Shashnaa, a citizen of the 5th khoroo of Songinokhairkhan district, said with anger.

Ger District households organize public demonstration over mortgage program

“Today, we have nowhere to live because the work has been stopped for unspecified time,“ she added. My family is big and I am a retired person,” Mrs Sumiajav said. Today, there are 220 thousand households or over one million citizen living in ger district in Ulaanbaatar.

In 2016 and 2017, MNT 876.6 billion and MNT 670.6 billion were granted as mortgage loan to commercial banks respectively. But in 2018, the amount is drastically reduced. According to the information issued by the Bank of Mongolia, as of the first quarter, MNT 48.1 billion was granted for the mortgage loan financing and yesterday, MNT 45 billion was granted for this purpose.

As of December end of 2017, accommodations for 1535 households, which is 21 percent increase compared to 2016, were ready for sale, Tenkhleg Zuuch, a real estate agency, reported. The average price per square meter of the houses has reached MNT 2.02 million – increase of MNT 37 thousand compared to the same period of the last year.

The organizing committee of the recent Barilga Expo -2018 event highlighted that construction sector which has been in crisis for three years has now showing a sign of restoration.

At the time of the economic restoration, NCD Group presented its Casa Da Vinci luxury houses project in Artsat village. Each household in the village of MNT 4.5 million per square meter will have plot of land with green area.

But Khatan Ester LL C which implements Bumbyn Ord Project on houses of air pollution reduction, which don’t produce smoke, offers at a comparatively low price. Bumbyn Ord's housing, which is built at distance of 9 km from Ulaanbaatar, costs MNT 1.8 million per square meter.

House construction factory of Erel LLC has a capacity of producing annually 250 thousand square meters of living space. This factory started to receive orders for apartment buildings and houses. However, as it is a large factory, it has a potential to receive orders of 10 and more houses.

According to the data provided by the Tenkhleg Zuuch, over 3600 households live in houses in Ulaanbaatar as of March 2018.

Oyunbayar.N

Over 15 million animals born in Mongolia this spring www.news.mn

Mongolia has welcomed over 15 million newly born animals this spring. This May, it was announced that there has been a 95 percent survival following a very harsh winter and very windy spring.

Electricity costs pose challenges for greenhouse farmers www.gogo.mn

The Ministry of Food, Agriculture and Light Industry reported that greenhouse farmers harvested a total of 5,140 tons of crops in 2017.

Mongolians plant over 70 thousand tree and bushes www.news.mn

Individuals and organisations across Mongolia were mobilised, into an army of trees planters as the 9th National Tree Planting Day was held on Saturday 12 May.

Tavantolgoi coal price rises by 70 cents per ton www.montsame.mn

Ulaanbaatar /MONTSAME/ On May 10-11, representatives of ‘Erdenes Tavan Tolgoi’ JSC held a regular meeting with Chalco Trading Hong Kong Co Limited to raise coal price and update the price index.

At the meeting, the sides reached an agreement to raise the coal price, which was unchanged since 2017, to USD60 or by 70 cents per ton.

In addition, Chalco Trading Hong Kong Co Limited pledged to study a request by ETT JSC to increase the price to USD61.35, introducing the request to its Board of Directors and give a response next week.

The sides also agreed to make two kinds of updates in the price adjustment mechanism or price-indexing methodology, within the framework of correcting the mechanism's disadvantages in the agreement established in 2011 with Chalco Trading Hong Kong Co Limited. Specifically, one more indice will be added. By doing so, the price will be calculated in accordance with five indices, which changes the index basket coefficients.  As a result, it decreases CR China Coking Price Index, which was at 60 percent, to 30 percent.

It creates advantages to raise the price in harmony with market growth, bring the price closer to the coal price of West Tsankhi mine within 1 and 1.5 years, and protect from risks that may occur when coal prices fall.