61144
Iran’s Private Saman Bank Entering Mobile Business
Iran’s Private Saman Bank Entering Mobile Business

Iran’s Private Saman Bank Entering Mobile Business

Iran’s Private Saman Bank Entering Mobile Business

Saman Bank through one of its new subsidiaries, Kish Cell Pars, is set to offer Mobile Virtual Network Operator (MVNO) services and sell SIM cards.
Kish Cell Pars will offer Full MVNO services under a new brand name SamanTel, ICTNA reported at the weekend.
The new operator will use one of the country's three traditional mobile operators; MTN-Irancell, RighTel or MCI to host its service.
Saman bank is one of the first private banks in Iran. Founded in 2002, it  has been at the forefront of modernizing the banking industry. The shift into the telecoms business is the first time the bank has moved out of its traditional financial industry.
The company will also offer IPTV services, online and NFC payment services, messaging and voice calls.
SamanTel's IPTV service, is the second such service introduced in the past three months. The new online TV service will host several Video on Demand (VOD) channels for users to watch movies and serials. It is currently not known if the operator will also offer programs broadcast by the statee-owned Islamic Republic of Iran Broadcasting.
The official website of the company says SamanTel SIM cards will available at the upcoming edition of Iran’s International Exhibition of Electronics, Computer and E-Commerce (ELECOMP) July 21-24 in Tehran.
The company will also offer NFC (Near Field Communication) payment service through its SIM cards. NFC method makes transactions easier by  holding two electronic devices 10 cm apart.
Several other companies like Iran's largest Internet service provider Shatel Group are also set to offer MVNO services in the coming months.
Iran's Communications Regulatory Authority granted 24 firms MVNO licenses last September. Of the original 51 firms who had applied for permission to run virtual mobile networks, 27 were found unfit or not having sufficient financial means to offer the service for more than twelve months.
An MVNO is a wireless communications services provider that does not own the mobile network infrastructure over which it provides services to customers but buys the necessary service from network operators.
On March 8, GMI Insights, a global telecoms research firm, estimated MVNOs will have a market share worth of $85 billion by 2022 in part due to the growth of smartphones and 4G Internet rollout across several regional markets.
Rising penetration of mobile network subscribers across the globe is anticipated to drive the MVNO market growth over the forecast period.
Considerable funding by mobile network operators to advance the telecom infrastructure is likely to have a positive impact on the MVNO market size.

Short URL : https://goo.gl/0LVsIa
  1. https://goo.gl/lz0tvu
  • https://goo.gl/5oa7HU
  • https://goo.gl/5ZO8wl
  • https://goo.gl/1C1ufI
  • https://goo.gl/SK7n2p

You can also read ...

Operators Unveil New Services at Telecom 2017
The 18th round of Exhibition of Telecommunications,...
Evaluating Economic Impact of Shifting Iran-KRG Relations
Iran and the Iraqi Kurdistan Regional Government have...
US Won’t Block  European Trade  With Iran
US Secretary of State Rex Tillerson said the Trump...
All SP Gas Field Phases to Be in Full Swing by March 2019
The South Pars mega project has registered a work-in-progress...
Cyberspace Chief in Tehran:  Time to Fix Legal Flaws in E-Commerce
Secretary of Iran High Council of Cyberspace says the country...
A delegation headed by First Vice President Eshaq Jahangiri was in Ankara on Thursday and reached several deals.
Following several rounds of negotiations between Iranian and...
Russia Grain Exports to Iran Reach 220K Tons
Over the first nine months of 2017, exports of Russian wheat,...
Iran’s Red Meat Output Meets 90% of Demand
A glance at Iran’s meat packing industry shows red meat...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus