Archive | Communication

Nokia to Build the 5G network in Iran

By John Lee. Nokia and the Mobile Communications Company of Iran (MCI) have reportedly signed a memorandum of understanding (MoU) under which the company will build a framework for future implementation of 5G technology. (Source: Nokiamob)

NSA behind Ransomware Cyber Attack: Iranian Official

Head of Iran’s Civil Defense Organization Brigadier General Gholam Reza Jalali said the US National Security Agency (NSA) is behind a massive wave of cyber attacks in 99 countries that seize control of computers until the victims pay a ransom. In remarks released on Sunday, Brigadier General Jalali pointed to the massive cyber attack and […]

MTN makes $295m Investment in Iran’s Telecoms Market

MTN has reached an agreement with Iran whereby the South African telecommunications company would invest more than $295 million in the Islamic Republic’s Net, a report said. “This investment, should it be completed, represents an opportunity to capitalize on the continued strong growth expected in the Iranian broadband market, with an initial focus on eight […]

Iran Still Ranking Poorly for Press Freedom

By John Lee. Iran has risen four places in the World Press Freedom Index for 2017, but is still ranked just 165th out of 180 countries. The result puts Iran ahead of such countries as Saudi Arabia and Yemen, but behind Iraq and Libya. First place went to Norway, with North Korea coming last. Reporters […]

Rouhani Govt Criticizes IRGC Arrests of Journalists

By Arash Karami, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Members of President Hassan Rouhani’s Cabinet have publicly criticized the recent arrests of Reformist journalists and online activists on the threshold of a presidential election. “From the beginning, the administration has been opposed to […]

Portugese Telecom Firm Enters Iran

Potugal-based Altice Labs has announced that it will provide GPON technology to equip apartment buildings in Tehran. In the first phase, a supply of a set of active station equipment (OLT) is planned, namely: 15 OLT1T0, 3 OLT1T3 and 3000 ONTs (terminal equipment) that will allow the interconnection of IP video gateways, including the possibility […]

China’s ZTE removed from US Blacklist

By John Lee. China’s ZTE Corp has announced that it has been removed from the United States Department of Commerce blacklist, after it agreed to pay nearly $900 million in fines and other penalties. The company had previously pleaded guilty to conspiring to violate US sanctions by illegally shipping U.S. goods and technology to Iran. […]

ZTE Corp Pleads Guilty in Sanctions Case

By John Lee. Chinese telecom equipment maker ZTE Corp has pleaded guilty to conspiring to violate U.S. sanctions by illegally shipping U.S. goods and technology to Iran. The guilty plea was part of an agreement the company reached earlier this month with U.S. authorities that also called for nearly $900 million in fines and other […]

ZTE fined $1.1bn for flouting US Sanctions

By John Lee. Chinese telecom giant ZTE Corporation (Zhongxing Telecommunications Equipment Corporation) has agreed to plead guilty to charges that it shipped US-made equipment to Iran and North Korea, and has been fined $1.1 billion. The equipment included routers, microprocessors and servers controlled under export regulations for “security, encryption… and/or anti-terrorism reasons“. Steven T. Mnuchin, US […]

Indigo Holdings buys into Iranian Online Classifieds Marketplace

Indigo Holdings plc (NEX: INGO), the Middle East focused Investment Company that provides investors with exposure to early stage businesses, has invested €375,587 (approximately £320,000) in Net Tejarat Ahoura Company (“Net Tejarat), which owns 100% of the issued share capital of Sheypoor, a leading Iranian online classifieds marketplace. Indigo has acquired a 1.09% stake in […]

MTN reviewing further Investment Opportunities in Iran

By John Lee. South African telecom giant MTN Group has said the repatriation of monies from MTN Irancell is “expected to be normalised“. The company said that, following the easing of sanctions, it expects growth in the Iranian economy, and sees significant opportunities to expand its services, particularly in the digital space. In its full-year results […]

US allows China’s ZTE to Continue Working With Iran

By John Lee. Chinese telecommunications firm ZTE has been granted a reprieve from the U.S. to continue work with Iran until 29th March; this is the shortest reprieve granted by the US to ZTE. The Bureau of Industry and Security (BIS), which is part of the US Department of Commerce, has extended ZTE’s temporary general […]

MTN Irancell Invests in IIG

The Iran Internet Group (IIG), the leading internet group in Iran with several million unique and paid transactions every month, just announced the closing of a funding round led by MTN Irancell. The group, whose ventures include the by far market-leading car hailing platform Snapp, has secured the funding in a move that will further […]

South Africa’s MTN Eyes Expansion in Iran

A senior official with South Africa’s telecom giant MTN Group said it plans to increase its presence in Iran’s lucrative market following the removal of anti-Tehran sanctions. “We’re very excited about Iran and the possibilities there,” MTN’s newly appointed head of strategy, mergers and acquisitions, Stephen van Coller, said in an interview with Reuters. “That […]

WPP Signs Agreement with PPG in Iran

WPP, the world’s largest communications services group, has signed an affiliation agreement with PPG, the leader in digital marketing in Iran, which operates more than 15 top digital services companies in the country. According to a statement from the company, this agreement will give WPP and its clients access, on an exclusive basis, to the […]

Vodafone in Iran Infrastructure Deal

UK-based mobile phone company Vodafone and Iranian ISP HiWEB today jointly announced a new non-equity Partner Market agreement for Iran. Vodafone will assist HiWEB in rolling out and modernising network and IT infrastructure, expanding the fixed and mobile internet services – under the HiWEB brand – that HiWEB can offer to its Iranian consumer and […]

MTN Invests in “Iran’s Uber”

By John Lee. South African mobile phone company MTN Group has agreed to invest $22 million in Snapp.ir, Iran’s first cab-hailing smartphone app. Snapp CEO Shahram Shahkar informed Bloomberg that the funds would be used to allow the company to expand quickly from Tehran into other cities. He said it has grown to about 500,000 subscribers […]

Sparkle, TIC Partner to expand IP Network in Iran

Sparkle, the international services arm of Telecom Italia Group, and the Telecommunication Infrastructure Company of Iran (TIC), has signed a partnership agreement for the expansion of Sparkle’s Global IP Backbone Seabone in Iran with a new IP POP in Teheran. Through this new Point of Presence that will be in operations by end of this […]

US AT&T Partners with Iran’s RighTel

A spokesman for US mobile phone company AT&T said it has signed an agreement with an Iranian mobile phone operator to provide voice calls and data services to customers in the Islamic Republic. According to a report carried by the New York Times, Iran’s RighTel and AT&T signed the cooperation document last week, which will […]

Two journalists Arrested in Iran

The Committee to Protect Journalists (CPJ) has called on Iranian authorities to immediately release two reformist journalists arrested in recent days, and stop jailing the media for doing their work. At the time of his arrest, pro-government media described Sadra Mohaqeq, the editor of the reformist newspaper Shargh Daily, as an “infiltrator.” Security forces detained […]