LONDON Oct 18 Vodafone said it would
partner with Iranian internet company HiWeb to help it modernise
its mobile network and IT infrastructure, making the British
mobile phone group the latest western company to operate in Iran
after sanctions were lifted.
Vodafone, the world's second-largest mobile firm that
operates across Europe, Africa, Australia and Egypt, said by
providing assistance to HiWeb as part of a non-equity partner
deal, its own multinational corporate customers would benefit
from improved fixed-line and mobile services in the country.
"Vodafone's corporate customers will get the benefit of
quality network services in the country and HiWEB will be able
to access Vodafone's global expertise," Vodafone Partner Markets
Chief Executive Diego Massidda said in a statement on Tuesday.
Many European companies have sought exposure to Iran after
U.S. sanctions over its nuclear programme were lifted in
(Reporting by Sarah Young; editing by Kate Holton)