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Pasdaran announce they left telecomms business

December 21, 2018

The Pasdaran has announced that they have gotten out of the telecommunications industry, by selling their share in a consortium controlling Iran’s top telecoms companies and biggest mobile phone operator.
In a statement, the Pasdar Cooperative Foundation said it has sold its share in Tose’e Etemad Mobin, a consortium that owns the Telecommunications Company of Iran (TCI) and its subsidiary, Mobile Telecommunications Company of Iran.
The move came after calls by both Supreme Leader Ali Khamenehi and President Hassan Rohani for the Armed Forces to withdraw from the Iranian economy by selling off their ownership of businesses.
But the announcement didn’t say who had bought the Pasdaran’s shares or for how much. That sparked suspicions that the shares had been sold to a group of Pasdar generals.

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