MCI listed on Tehran Stock exchange

Mobile Communication Company of Iran (MCI), a majority owned subsidiary of fixed line incumbent Telecommunication Company of Iran (TCI), has been listed on the Tehran Stock exchange’s (TSE’s) Second Market on 20 August 2013, AmeInfo reports. According to TeleGeography’s GlobalComms Database, in December 2010 5.5% of MCI shares were offered on the Iranian Over-The-Counter (OTC) market, at a combined value of USD396 million.