Telecommunication Company of Iran

[1] On 2016 the Director of TCI announced the merger of its provincial subsidiaries and the MCI into a single business unit that allow to utilize the powerful synergies and maintain leading positions on the national telecoms market.

[3][failed verification] Iran Telecommunication Industries (ITI) was also founded in the same year to manufacture the required equipment for the national long-distance network.

[citation needed][5] Privatization Organization has forecast that shares of Telecommunication Company of Iran (TCI) will be floated in the stock market by late September 2007.

[8] In September 2009, Mobin Trust Consortium along with Tose'e Etemad Investment Company and Sina Bank won the tender for TCI (50% + one share) for $7.8 billion.

[10] The Government Ministry retained the remaining 40%, TCI employees held 5% and the last 5% shares worth of 344 billion Rials were sold on the Tehran Stock Exchange in just 8 minutes.

[14] Minister of ICT gave TCI an ultimatum in July 2023 to merge its provincial subsidiaries, permanently contract veterans, separate local internet traffic, improve PCM parameter or lose its license and sell its network.