Industry Spotlight: Telecommunications
/Following last year’s implementation of the nuclear deal, companies around the world have taken a serious interest in the Iranian telecommunications industry. The population of Iran, the second-largest in the Middle East, is mostly young – over 60% of Iranians are below the age of 30 – and, therefore, more likely to consume new technologies, cellular devices, and electronics. Thanks to deregulation, the introduction of 3G and 4G network services, and a robust start-up culture, Iran’s telecom industry offers a promising, and highly lucrative, new frontier for the global economy.
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