Telecommunications company remaining shares` fate to be determined soon

“Telecommunications company shares have had fluctuations in recent days in the bourse. By selling off more of the Telecommunications company shares in the bourse, its share price will become normal again,” Gholamreza Kord Zangane told Mobna news agency.
“Telecommunications company shares are among golden shares. If the remaining shares are to be sold off in blocks, then its per share price will likely be between 2500 rials (26 cent) to 3000 rials (31 cent),” he added.
Five percent of telecommunication shares were sold off in Tehran bourse last month and it is planned that remaining shares to be sold off in blocks or gradually.
Although privatization organization is trying to get the needed permission to sell of the rest of the Telecommunications company shares.
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