Telecommunication share to be priced on 9 August

“According to the previous commitments telecommunication surely will be quoted in Tehran bourse today 9 August,” Gholamreza Heidari Kord Zangane told Mobna news agency.
“But five percent of its share price has not been determined and will be priced today,” he said.
According to the new privatization law 80 percent of state owned Telecommunication Company of Iran will get quoted in bourse to be privatized, the remaining 20 percent will be held by the government for administrative purposes.
Bourse managing director Ali Rahmani told Mobna  that Telecommunication will be quoted in Bourse at 13:30 local time (11 GMT) on 9 August.
Already it was planned that five percent of telecommunication shares get quoted in Bourse at 8 am (0330 GMT) on 9 august.
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