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Britain's Vodafone to partner with Iran's HiWeb to modernise network

Tue, 18th Oct 2016 06:51

LONDON, Oct 18 (Reuters) - Vodafone said it wouldpartner with Iranian internet company HiWeb to help it moderniseits mobile network and IT infrastructure, making the Britishmobile phone group the latest western company to operate in Iranafter sanctions were lifted.

Vodafone, the world's second-largest mobile firm thatoperates across Europe, Africa, Australia and Egypt, said byproviding assistance to HiWeb as part of a non-equity partnerdeal, its own multinational corporate customers would benefitfrom improved fixed-line and mobile services in the country.

"Vodafone's corporate customers will get the benefit ofquality network services in the country and HiWEB will be ableto access Vodafone's global expertise," Vodafone Partner MarketsChief Executive Diego Massidda said in a statement on Tuesday.

Many European companies have sought exposure to Iran afterU.S. sanctions over its nuclear programme were lifted inJanuary. (Reporting by Sarah Young; editing by Kate Holton)

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