Newcom Group

Newcom Group(Mongolian:Ньюком Групп) (the official name:Newcom LLC) is a Mongolian investment company. Its portfolio includesMobiCom Corporation,the first and the largest mobile telecommunications company in Mongolia, andEznis Airways,the largest domestic airline inMongolia.Newcom built the first wind farm inMongolia,with a capacity of 50 MW.

Newcom LLC
(Newcom Group)

Company type	Limited liability company
Founded	1993
Headquarters	Naiman Zovkhis Building, 21 Seoul Street,Ulaanbaatar,Mongolia
Key people	Ts. Boldbaatar (Chairman) R. Arvintsogt (Board Member) Bolor Jargalsaikhan (Chief Executive Officer)
Subsidiaries	MobiCom Corporation Eznis Airways Tsegts Security Clean Energy Newcom Property Newcom Mining Services Clean Energy Asia
Website	newcom.mn

History

The company was founded in April 1993 by N. Tuya to provide professional consulting services. In September 1995, the firm became the authorized distributor ofMotorolato sell short and ultra short waveradio stations. At the same time, it formed its first subsidiary, MobiCom, as a joint venture with its Japanese partners,Sumitomo CorporationandKDDI Corporation.

Subsidiaries

MobiCom Corporation

MobiCom started its operations, serving its first customers, on March 18, 1996 after 6 months of its establishment. Meeting the requirements of the tender announced by the Government of Mongolia, MobiCom launched its network withGSMtechnology, which is the most advanced digital system of mobile communication. Today, MobiCom has become the largestMobile Telephone Serviceprovider, with over 1,200,000 subscribers,and the biggest corporation in theinformation technologysector of Mongolia.

The following companies are subsidiaries of MobiCom:

• Newtel LLC
• MobiNet LLC
• Ulusnet LLC
• Newfund LLC
• Mongol Content LLC
• Most PSP LLC
• Mobifinance LLC
• GrapeCity LLC

Eznis Airways

Eznis Airwaysis the leading Mongolian domestic airline with the largest network of domestic destinations withinMongoliaand highest flight frequency on these routes. The airline was established on December 6, 2006 by Newcom LLC, one of the largest holding companies ofMongolia.

The first scheduled service flight ofEznis Airwayswas fromUlaanbaatarto Choibalsan in December 2006. Now the airline operates domestic scheduled and charter flights to 5 destinations ofMongoliaincluding Dornod, Khuvsgul, Umnugobi, Uvs and Bayan-Ulgii, and operates international scheduled service to Hailar in China'sInner Mongoliaregion, and charter services to points in China, Russia andKazakhstan.

The airline’s name “Eznis” means ‘easiness in flight’. The name consists of two parts which when put together say 'easy flight': the first two letters “Ez” stand for “easy” in English and “nis” is a Mongolian word meaning “fly”.

Eznis Airways ceased all operations from 22 May 2014 due to the financial difficulties and the current situation at the airline industry.

Clean Energy

Clean Energy Company (75% owned by Newcom and 25% owned by theEBRD) was established in 2004, initially to collect data from wind measurement stations established on SalkhitMountainsome 70 kilometers southeast ofUlaanbaatarto assess the site's suitability for the construction of awind farm.Wind data has been collected from the site for over two years and the raw data has been compiled and assessed by Global Energy Concepts of the United States with the result that the selected site shows excellent potential for wind generation. Thewind farm- the first inMongolia- has been completed with financing from theEBRDand is being commissioned on June 20, 2013.

Newcom Property

Newcom Property LLC, after being set up in 1997 as Newcom Group’s real estate management and service division, became an independent company in 2005 specializing inproperty managementservices forreal estateowners,investors,private individuals, businesses and organizations. The company now has over 230 employees.

Newcom Mining Services

Newcom Mining Services LLC is a construction and mining equipment rentals and sales company, established in 2011. It is the authorized distributor forTerexand Genie brands inMongolia.

Tsegts

Tsegts LLC was established in 2004 as Newsec LLC to provide security services for all types of property.

American University of Mongolia

Newcom Group signed a strategic partnership withUC Berkeley’s Center forExecutive Educationin July 2011 and launched theAmerican University of Mongolia’s Center for Executive Education in August, 2011 inUlaanbaatar.The Center forExecutive Educationoffersexecutive programsshowcasingleadership,business management,strategy,project management,corporate finance,business contracts andnegotiation,public policy,business communication,corporate social responsibility,marketing.

Clean Energy Asia

Clean Energy Asia LLC (CEA) was established in 2012 as ajoint venturebetween Newcom LLC Newcom LLC and SB Energy Corp., renewable energy arm of Japan’sSoftbank Corporation.