Mongolia Telecom Company
Encyclopedia
The Mongolia Telecom Company (MTC) was created in 1992 after the Ministry of Communications
from communist times was restructured and phone services were privatized
. The majority of shares in the company are still held by the state, 40% are owned by KT (formerly Korea Telecom), and 5.56% are publicly traded.
Ministry of Communications
Ministry of Communications may refer to:* Ministry of Communications * Ministry of Communications * Ministry of Communications * Ministry of Communications of Morocco...
from communist times was restructured and phone services were privatized
Privatization
Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...
. The majority of shares in the company are still held by the state, 40% are owned by KT (formerly Korea Telecom), and 5.56% are publicly traded.