Telecommunication Company of Iran
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| Public | |
| Traded as | : MKBT1 ISIN: IRO1MKBT0008 |
| Industry | Telecommunications |
| Founded | 1971 |
| Headquarters | Tehran, Iran |
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Key people
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Rasoul Seraian (Chairman) Barat Ghanbari (CEO) |
| Products | Telecommunication services |
| Revenue |
 US$ 5.6 billion (2011)
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US$ 2.5 billion (2011)
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Number of employees
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10,001+ |
| Subsidiaries | MCI |
| Website | www.tci.ir |
Telecommunication Company of Iran, or TCI (Persian: شرکت مخابرات ایران) is the fixed-line incumbent operator in Iran offering services in fixed telephony, DSL and data services for both residential and business customers, all throughout the country. It was established in 1971 with a new organizational structure as the main responsible administration for the entire telecommunication affairs.
Iran Telecommunication Industries (ITI) was also founded in the same year to manufacture the required equipment for the national long-distance network. TCI has monopoly over Iran's fixed line infrastructure, and it was until 2010, Iran's largest cellular operator (MCI) and Internet service provider and data communication operator (DCI). As of November 2010, MCI accounts for more than 70% of TCI’s profit.
TCI has utilized equipment and services such as digital switching centers, optical fiber cables, mobile phones, data networks, satellite services, and telephone special services. TCI manufactures more than 80% of the required equipment inside Iran.
TCI is exporting technical and engineering services, as well as consulting and contracting services. It is also responsible for censoring most of the internet in Iran, as serves as a bottleneck for the monitoring of all communications.
Privatization Organization has forecast that shares of Telecommunication Company of Iran (TCI) will be floated in the stock market by late September 2007.
In March 2007, TCI and its provincial affiliated companies received the government’s permission to be privatized. TCI’s Infrastructure Telecom Company will be detached from it and would continue its activities as a part of the ICT Ministry. Close to 33 companies in the telecom sector are expected to be privatized.
In September 2007, the Ministry of ICT announced that 51% of TCI would be privatized before the end of the Iranian calendar year on 20 March 2008. As a forerunner to the sale of a controlling stake in TCI, a 5% stake in the operator was scheduled be floated on the before the end of December 2007. The floatation of this minority stake did not take place as planned, and in January 2008 it was reported that TCI would first have to be established as a fully licensed telecoms service provider.
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Wikipedia