Iran allocates $100m for fiber optic projects: TCI
Iran has allocated about $100 million for the development of a fiber optic network across the country, announced the managing director of the Telecommunication Company of Iran (TCI) on Saturday.
Talking to IRNA, Majid Soltani said the implementation of fiber optic projects in Iran has been kicked off and the plans will be implemented in small provinces in two years, while the projects will be completed in large provinces in three years.
He stated that the development of fiber optic infrastructure will lead to the growth and prosperity of the economy, and added that investment in the sector is highly required which should continue.
The telecommunication infrastructure development plans are being implemented in all provinces based on the Leader’s guidelines, the official noted.
He added: “There are 30 million fixed telephone lines across the country, of which 21 to 22 million lines are active, and the infrastructure should be upgraded with fiber optics for the active lines.
In terms of bandwidth speed, we are currently at 48th place, which, with the implementation of new plans, our country will be promoted to a suitable position in the next two to three years, Soltani concluded.