EghtesadOnline: In the last fiscal that ended in March 2018, Iran’s mobile phone market was worth 17.72 trillion rials. At that time the greenback on average fetched 40,450 rials, which means the local cellphone market almost a year ago was worth $438 million.
EghtesadOnline: Iran’s Communication Regulatory Authority is poised to tap into the potential of the already operational Cellphone Registry Scheme to exert further control on the bullish mobile phone market, curb dealers’ profiteering practices and restrain mobile phone hoarders.
EghtesadOnline: In order to mitigate the raging inflation in the mobile phone market, authorities will distribute 650,000 handsets at moderate prices in the market this week.
EghtesadOnline: Central Bank of Iran's new forex policy has helped calm various markets in Iran, including the tumultuous mobile phone market, as reports point to a drop in prices as much as 10%.
EghtesadOnline: In a move aimed at soothing the disheveled Iranian mobile phone market, the government of President Hassan Rouhani has sped up the release of handsets from customs warehouses and in the coming days some 600,000 cellphones will receive clearance and enter the market.