MTN Group to invest in infrastructure projects in Iran
The multinational mobile communication MTN Group intends to make investments in some infrastructure projects, including IPTV services and fiber optic, in Iran, the Tasnim news agency reported on Saturday.
The South African group entered the Islamic Republic about eleven years ago to cooperate in a project with Irancell Telecommunication Services Company (MTN Irancell), 2nd mobile operator in Iran.
Possessing 49 percent of stakes of Irancell, the company could manage to become the commercial partner of Iran Electronic Development Company.
MTN Group, formerly M-Cell, is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Asian countries. It offers an integrated suite of communications products and services to customers, including traditional and mobile voice and data, digital and mobile financial services as well as enterprise services to SME, public sector and corporate clients.