ZTE Returns to Iran Cellphone Market
Economy, Sci & Tech

ZTE Returns to Iran Cellphone Market

A local mobile phone importer and after-sales service company named Yas has unveiled ZTE’s mobile phone V6 in Iran.
The company, which holds the legal dealership of ZTE, held a seminar in Tehran last week and announced the reentry of the brand with handsets, local technology website ITIRAN reported.
The ZTE Blade V6 is a dual-SIM phone measuring 6.9 mm in thickness.
Yas has been operating in the realm of official cellphone imports and aftersales services for 12 years.
According to the company’s sales manager, Mohammad Rishpour, ZTE expressed interest in reentering Iran’s market three years ago and the two companies negotiated a deal for over 150 hours.
“ZTE hopes to carve a market share with a special focus on customer satisfaction,” he said.    
The company had previously attempted to enter Iran’s mobile market in 2009 by collaborating with a local mobile company Pars Comtel. Following the success of other Chinese mobile phone brands in Iran, ZTE started working with Samtel.
In April 2013, China’s second-largest telecoms equipment maker announced that it stopped doing business in Iran after a US investigation into the alleged sales of embargoed equipment, the company’s chairman told Reuters at the time.
ZTE said in March 2012 that it would curtail business in Iran following a report by Reuters that it sold Iran’s largest telecoms firm a powerful surveillance system capable of monitoring telephone and Internet communications. The company faced a US criminal investigation over the issue.
The company’s reentry to Iran now has only happened after Iran and the West signed a historic nuclear deal last year and a week after the economic sanctions were lifted against the country.
The company’s CEOs said they hope for a widespread presence in Iran, which is the third best-selling mobile phone market in the Middle East.
ZTE Corporation is a Chinese multinational telecommunications equipment and systems company headquartered in Shenzhen, Guangdong, China.

Short URL : https://goo.gl/8JkdIb
  1. https://goo.gl/ZkrnXl
  • https://goo.gl/TK8I1D
  • https://goo.gl/DEEcAe
  • https://goo.gl/69Nbb2
  • https://goo.gl/ZqBhE5

You can also read ...

Automotive Giants Hit  by Massive Data Breach
Security researcher UpGuard Cyber Risk disclosed Friday that...
Mindful of the risks inherent in starting a trade war with the US, the EU will probably not be able to provide Tehran with extensive support.
If it wants to keep the nuclear deal alive, the EU will need...
Travel Currency Policy Facing Revision
Confirming rumors of an imminent change in the Central Bank of...
No Reverting to Economic Policies of 1980s
One of the wonders in this day and age, in Iran, is the...
Iranian Parliament Firm on Preventing FATF Blacklisting
Majlis Economic Commission, a major force in Iran's Parliament...
SSO to Insure Employees of Online Firms
An initiative by the Social Security Organization to extend...
Evaporative Cooler Exports Earn $75m
Iran exported 27,227 tons of evaporative coolers worth $75.71...
Private Sector Lawsuit Against State Power Cuts
The private sector will file a complaint against the...