Mobile Telecommunication Company of Iran | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-16

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Mobile_Telecommunication_Company_of_Iran


00:01:35 1 History
00:03:13 1.1 Evolution of the mobile telephone in the world
00:09:03 1.2 History of mobile telephone in Iran and the existing situation
00:11:52 2 See also
00:12:04 3 External links



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SUMMARY
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Mobile Telecommunication Company of Iran (Persian: شرکت ارتباطات سیار ایران‎), commonly abbreviated as MCI and also known under its brand name Hamrahe Aval (Persian: همراه اول‎; the first companion), is the first and largest mobile operator in Iran. MCI is a subsidiary of the Telecommunication Company of Iran and has approximately 17 million postpaid and 49 million prepaid subscribers. Hamrahe Aval's service is available in 1,239 cities and over 70,000 kilometers of highway in Iran. It provides roaming services via 271 partner operators in more than 112 countries.
In December 2010, 5.5% of the MCI shares were offered on the Iranian over-the-counter market (Farabourse), at a value of $396 million, which was the largest IPO-to-date in the Iranian OTC equity market.
In August 2013, the company moved from the OTC to the Tehran Stock Exchange
Market value of the company in April 2014 was $4.3 billion.Currently, 90% of MCI's shares are owned by the Telecommunication Company of Iran, and the remaining 10% of shares are public at the Tehran Stock Exchange.
In 2015, MCI launched 3G, and 4G technologies by a new brand name as Notrino.