Wednesday, August 10, 2005

Iran hard-liners move against European mobile deal

A Reuters newswire article by Christian Oliver, via Yahoo! News, reports that:

Influential Iranian conservatives on Wednesday said Ericsson, Nokia and Siemens were unfairly awarded a $750-million mobile phone equipment deal in the Islamic Republic.

Parliament's research group, which has already reduced the foreign investment stake in a major mobile phone deal with Turkcell, said Iranian contractors should be preferred because they had offered lower prices in the tender.

"The Telecommunications Company of Iran made foreign companies win the tender by removing local contractors," the group said in a statement sent to Reuters.

No comment was immediately available from the state-owned Telecommunications Company of Iran or from the three European telecoms equipment makers.

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