Twin Telco Firms Dominate ISP Sector

The Telecommunication Company of Iran has a consolidated dominance over the country’s communications sector with the company’s CEO boasting that 60% of Iranian Internet users have subscriptions with the firm or its partner company Mobile Telecommunication Company of Iran (MCI).  
TCI’s CEO Majid Sadri announced the numbers at the firm’s annual meeting of shareholders on June 13 at Niroo Research Institute located in Shahrak-e-Gharb, northwest of Tehran. The assembly was meant to assess the company’s finances during the fiscal ending on March 20.
In the conference, Sadri revealed that the number of Internet users who have subscriptions with the TCI and its sister company MCI nears two-thirds of the total market, ISNA reported.
Furthermore, the company has increased its landline services penetration rate to 42%, up three percentage points from last year’s 39%.