By Rachel Ehrenfeld
On September 9, Iran will stage one of its biggest economic shams, seemingly selling fifty percent of its telecommunication company, Iran Telecom (TCI), to private investors. The well-advertised “privatization” of the company, described as “the biggest of its kind in the history of Tehran Stock Exchange,” is expected to fill Iran’s depleted coffers with $7.9 billion. In addition, Iran plans to privatize 230 companies in the coming year.
Could this be the controversial, newly elected Iranian president Mahmoud Ahmadinejad’s plan to remake his image as an economic reformer? Is he really selling off the control over the telecommunications services, including domestic and international telephone and mobile, telegraph, data transmission, and radio paging services? Moreover, this is the national telecommunications system he and his goons were unable to stop from broadcasting to the world dramatic photos, videos and messages of the brutal crackdown on demonstrations following his fraudulent re-election.
Dictators do not give up such important controls. So, who are those investors that Iran's Privatization Organization “previously approved technically and financially”? Read more ...
On September 9, Iran will stage one of its biggest economic shams, seemingly selling fifty percent of its telecommunication company, Iran Telecom (TCI), to private investors. The well-advertised “privatization” of the company, described as “the biggest of its kind in the history of Tehran Stock Exchange,” is expected to fill Iran’s depleted coffers with $7.9 billion. In addition, Iran plans to privatize 230 companies in the coming year.
Could this be the controversial, newly elected Iranian president Mahmoud Ahmadinejad’s plan to remake his image as an economic reformer? Is he really selling off the control over the telecommunications services, including domestic and international telephone and mobile, telegraph, data transmission, and radio paging services? Moreover, this is the national telecommunications system he and his goons were unable to stop from broadcasting to the world dramatic photos, videos and messages of the brutal crackdown on demonstrations following his fraudulent re-election.
Dictators do not give up such important controls. So, who are those investors that Iran's Privatization Organization “previously approved technically and financially”? Read more ...
Source: FPM
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