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France's Orange says in talks with Iran's MCI on potential cooperation

Published 31/08/2016, 22:14
© Reuters. The logo of French telecom operator Orange is seen in Paris
ORAN
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PARIS (Reuters) - French telecoms operator Orange (PA:ORAN) is in negotiations with Mobile Telecommunication Company of Iran, the country's largest mobile operator, "regarding a number of areas of potential cooperation and business topics," a spokesman said.

"We anticipate that these discussions will be concluded within a few months," the spokesman said in a statement sent to Reuters.

"Like many other international operators, Orange has been considering opportunities in the Iranian market subsequent to the implementation of the JCPOA," the spokesman added, referring to a nuclear deal between Iran and six world powers.

© Reuters. The logo of French telecom operator Orange is seen in Paris

"We are conducting feasibility studies to understand and assess what is possible in this complex environment, particularly with regards to certain economic sanctions that continue to apply to Iran," the statement said.

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