Mobile Telecommunication Company of Iran

Mobile Telecommunication Company of Iran

Type	Public
Traded as	TSE: HMRZ1 ISIN: IRO1HMRZ0007
Industry	Telecommunications
Founded	1994
Headquarters	Tehran, Iran
Products	Prepaid and postpaid mobile phones
Parent	TCI
Website	www.mci.ir

Mobile Telecommunication Company of Iran (MCI) (Persian: شرکت ارتباطات سیار ایران‎) also known under its brand name Hamrah-e-Avval (Persian: همراه اول‎ The First Operator) is Iran's first and largest mobile phone network operator.^[1] MCI is a subsidiary of the Telecommunication Company of Iran and it has over 16 million postpaid and over 18 million prepaid subscribers.^[2] Hamrah-e-Avval's service is available in 1,078 cities and over 38,000 kilometers of highway in Iran. It provides roaming services via 256 partner operators in 109 countries. In 2010, 5.5% of the MCI shares were offered on the Iranian over-the-counter market (Farabourse), at a value of $396 million.^[3] This was the largest IPO-to-date in the Iranian OTC equity market.

External links

Official website

References

^ http://www.presstv.ir/detail.aspx?id=109211§ionid=351020102
^ http://www.cellular-news.com/story/39029.php
^ http://www.turquoisepartners.com/iraninvestment/IIM-Jan11.pdf

Iran mobile phone companies

GSM	Hamrah-e-Avval MTN Irancell Taliya

Companies listed on the Tehran Stock Exchange

Categories

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Mobile Telecommunication Company of Iran