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Re: LiquidOTC post# 91

Wednesday, 06/06/2012 4:34:21 AM

Wednesday, June 06, 2012 4:34:21 AM

Post# of 1836
MTNOF - AME Info, Abu Dhabi, United Arab Emirates, telecommunications briefs

Jun 05, 2012 (AME Info - McClatchy-Tribune Information Services via COMTEX) -- IRAN TELCO OBTAINS BANNED US TECHNOLOGY: MTN Irancell, a joint venture between South Africa's MTN Group and an Iranian government-controlled consortium, has managed to obtain sophisticated US computer equipment despite sanctions that prohibit sales of American technology to Iran, Reuters has reported. The company bought equipment from Sun Microsystems, Hewlett Packard and Cisco Systems, the report said, citing documents and interviews. MTN owns 49 percent of the joint venture but provided the initial funding. "There's nothing you can get in the U.S. or Dubai that you can't get in Iran," Chris Kilowan, who was MTN's top executive in Iran from 2004 to 2007, told the news service. MTN's parent company, MTN Group, is directly involved in procuring US parts for MTN Irancell, which launched in 2006 and is now Iran's second-largest mobile-phone operator, he said.

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