Iran Telecommunications` privatization prospered capital market: deputy

A parliamentarian said.
“Iran Telecommunications Company is one of the Iran biggest companies and its quoting in the bourse has had many advantages for the bourse and has made the capital market more competitive,” the mines and industries commission spokesman Aliasghar Yousefnejad told Mobna news agency.
“Iran telecommunications managers should develop telecommunication systems and create a competitive atmosphere and to plan long-term programs which have make appropriate profit,” he added.
“In general some laws have been passed which the privatization organization has acted based on those laws,” Yousefnejad added.
The telecommunication company of Iran was privatized and the rest of its shares will be sold off in the bourse soon,” he said.
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