Iran Telecom Market Size

Iran Telecom Market Analysis

Iran Telecom Market revenue is expected at a CAGR of 2.21% over the next five years. The key telecom companies, such as Telecommunication Company of Iran (TCI), Mobile Communications Iran (MCI), and MTN Irancell, are based in Iran and promote innovation by making significant R&D investments consistently.

• The transition to 4G and 5G is still rising in the country due to expanding new networks and the expansion of the device ecosystem. Key players in the telecom market are investing in expanding their network capacity and improving the quality of mobile broadband services through deploying LTE networks.
• 5G services are slowly deploying in Iran. For Instance, MTN Irancell launched 5G services in Tehran. In the Future, all the customers will slowly migrate from 3G and 4G networks to the 5G network.
• The government of Iran is planning to extend its FTTH (fiber-to-the-home) service to more than 20 million premises by the end of 2025. Such a government's timely initiative will further support the growth of the telecom market.
• Fixed broadband penetration will grow over the next five years, driven by the efforts from the operators and the government to expand broadband coverage across the country. For Instance, TCI has laid fiber optic cables in several areas in Tehran and other major cities, replacing copper cables with fiber cables to offer high-speed broadband services for customers.
• During the COVID-19 pandemic and post-COVID-19 scenario, most people preferred work-from-home mode, thus increasing broadband subscribers. Wireless and wired broadband services can provide high-speed internet services. Key players in the market focused on expanding their broadband services that support 5G networks.