Turkish incumbents are likely to buy stakes in the Islamic Republic’s state-owned telecommunications firm. As Turkish delegations are anticipated to visit Iran shortly, said Iranian official. Davoud Zareian, head of the public relations office of the Telecommunication Company of Iran (TCI), said delegations from Russia, China and Indonesia had already come to the country for talks about buying shares in the company. The name of the parties are not yet disclosed who have shown interest in TCI . An argument with the West over its nuclear activities have made foreign companies cautious about the investment in Iran.
The head of the Tehran Stock Exchange, Ali Rahmani, told in September that a stake in TCI would be put up for sale by the end of the 2008-09 Iranian year, which ends March 20.
Rahmani said the size of the holding to be offered to strategic investors had not yet been fixed but that it was likely to be around 49%. There is a possibility that Iranian companies will team up with foreign companies to buy the company’s telecommunication shares as a joint venture as 35% limit has been set for non-Iranians. The state will keep 20% ownership.
Wireless Federation » archive for 'TCI'
Turkey seeks possible stake in Iranian Telco
- December 8th, 2008
- 7:10 am
Telkom plans to acquire stake in TCI (Iran, Indonesia)
- October 22nd, 2008
- 4:54 am
Telkom, Indonesia, plans to acquire a stake in Iran’s Telecommunication Company of Iran (TCI). 5% of TCI was sold by the gvernment through an IPO and intends to sell stakes further to an overseas operator.‘Telkom is ready to become its strategic partner. It is not yet certain how many shares we will acquire but if they (Iran) are willing to release up to 20% it is not impossible for us to participate,’ says Telkom’s chief commissioner, Tanri Abeng. Telkom plans to buy stakes through its subsidiary PT Telkom Internasional Indonesia. ‘The establishment of TII is part of the company’s strategy to go international to increase its non-organic income growth,’ Tanri says.
Iran sells 2.293 billion TCI shares at $0.157 each
- August 11th, 2008
- 12:53 pm
Iranian Government has started the sale of a 5% stake in state wireline monopoly Telecommunications Company of Iran (TCI). Iran is selling 2.293 billion TCI shares at $0.157 each, valuing the stake at around $360 million. According to an analyst, ‘The sale of these shares is a symbolic act and not real privatisation.’
Iran’s mobile market profile (Iran)
- August 8th, 2008
- 2:08 pm
Iran with a population over twice as high as any other of the countries of the Middle East has low mobile penetration levels. This scenario is changing and the market is seeing high mobile growth, particularly since the launch of a second national operator in late 2006. During 2007 the Iranian government announced that it would split up and sell off the state owned Telecommunications Company of Iran (TCI), as part of its program to privatise 80% of state-owned businesses. Previously the telecom market was a state-owned monopoly with the exception of retail Internet service provision.
Irancell and TCI are currently the only two mobile operators working in Iran.
MegaFon, Russia’s third largest mobile operator, is ready to invest around €3 billion ($4.6 billion) in its business in Iran. In addition, UAE-based Etisalat, the second-largest Arab phone company by market value, is considering investments in Iran’s mobile-phone market.
Iran plans for TCI IPO
- August 7th, 2008
- 9:26 am
Iran Government’s plans to propose 5% stake in national fixed line operator Telecommunication Company of Iran . According to a report, Initial public Offer (IPO) which is due to take place soon is of worth $425 million. TCI has the Monopoly among the wireline operators of Iran, also it dominates the cellular sector via its wholly owned subsidiary MCI.
42 million telephone subs
- July 11th, 2007
- 2:36 pm
Iran’s dominant phone operator Telecommunications Company of Iran (TCI) says the country is now home to 42 million fixed line and wireless telephony customers. TCI claims 22.8 million landline users and 17.79 million cellular subscribers; rival cellcos Taliya and MTN Irancell have another 1.5 million customers between them. More than 51,000 towns and villages are covered by the various mobile networks, according to local news agency IRNA which has seen a copy of the latest TCI market report.
TCI says Taliya still not able to roam
- April 17th, 2007
- 12:18 pm
Telegeography writes…Iran’s largest cellular operator, state-owned TCI, says it will sign a roaming agreement with the country’s second national cellco Taliya only when the latter’s network has capacity for two million subscribers. TCI managing director Saber Feyzi told local news agency ILNA that the roaming will be set up under the terms of a contract which has been in place for some time. Feyzi added that Taliya is still free to sign a roaming deal with the only other national cellular operator, MTN Irancell. TCI had around 13 million subscribers and 95% of the Iranian mobile market at the end of 2006, according to TeleGeography’s GlobalComms database. Taliya claimed an estimated 500,000 customers at the same date, while Irancell, which launched in October, had 154,000.
Rapid growth reported at TCI, MCI
- March 2nd, 2007
- 12:51 pm
Telegeography writes…Telecommunications Company of Iran (TCI) says its cellular subsidiary MCI has passed the 15 million-subscriber mark. The operator had 15.16 million customers in mid-February, with more than 4.85 million in the capital, Tehran. Meanwhile, TCI itself says fixed line subscriber numbers stand at 22.32 million, Taliya News reports. Both the wireline and the wireless subscriber bases are growing rapidly; TCI had 20.34 million fixed line customers and 8.51 million cellular subscribers at the start of 2006, according to TeleGeography’s GlobalComms database.
