Telecommunication Company of Iran

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Telecommunication Company of Iran (TCI) was established in 1971 with a new organizational structure as the main responsible administration for the entire telecommunication affairs, and Iran Telecommunication Industries (ITI) was also founded in the same year to manufacture the required equipment for the national long-distance network.

TCI has taken great steps in the development of telecommunication networks and, for this purpose, as the main responsible organization in Iran, has utilized the most advanced equipment and services such as digital switching centers, optical fiber cables, mobile phones, data networks, satellite services, and telephone special services during the recent years, and has also succeeded to manufacture more than 80 percent of the required equipment inside Iran including cell phones.^[1]

In parallel with these achievements, TCI has carried out activities to export technical and engineering services, and has put its experiences at the disposal of other countries within the framework of consulting and contracting agreements.

Iran is among the first five countries which have had a growth rate of over 20 percent and the highest level of development in telecommunication [1]. Iran has been awarded the UNESCO special certificate for providing telecommunication services to rural areas.

Privatization Organization has forecast that shares of Telecommunication Company of Iran (TCI) will be floated in the stock market by late September 2007.^[2]