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 Tuesday, 08 December 2009

Iranmobin, reportedly the largest stakeholder in Iranís Telecommunication Infrastructure Company (TIC, a unit of fixed line monopoly Telecommunication Company of Iran), has formed a 50/50 equity joint venture with C-Ring Telecom, a subsidiary of Russian long-distance operator Synterra, reports Islamic News ( The new venture has forged an agreement with Azerbaijanís AzTelekom to work towards collaborating on the rollout of a new fibre-optic ring around the Caspian Sea to handle Europe-Asia voice and data transmission and improve internet service delivery in the Caspian region. Russian and Iranian state and company officials signed joint venture documents at a trade and economic cooperation summit in Tehran, whilst TIC also signed an agreement with another Russian carrier, Rostelecom, to share international transmission links.

Source: TeleGeography