Asiatech to Go Public in May
Asiatech Data Transfer Inc PLC will be listed in Tehran Stock Exchange in May, the director general of the firm said. “The $7.9 million Asiatech offers services in 430 cities across the country. Last Iranian year (March 2015-16), we delivered 1.3 million ports to close to one million subscribers. The plan for next year is to expand our services in metropolises and set up high-speed Internet access in crowded areas,” Mohammad Ali Yousefizadeh was quoted as saying by Bourse Press. Yousefizadeh noted that 700 sales representatives and some 5,000 agents sell the company’s products and services.