JOHANNESBURG, June 24 South Africa's MTN Group
(MTNJ.J) said on Wednesday its MTN Iran network was working and
denied a report it would lose a month's revenue from the country
because of blocked mobile phone signals.
"MTN network is running in Iran and there is nothing wrong
with it," MTN Group spokeswoman Nozipho Januray-Bardill said.
Local media reported on Wednesday that MTN may lose at least
a month's revenue in Iran, its third largest market, after the
government blocked cellular network signals following a disputed
June 12 election.
The Iranian government blocked SMS text messages during
polling after opposition candidates used them to galvanise key
young voters during a fiercely contested election campaign, and
Internet and mobile phone communications have been severely
Domestic and international media have also been restricted.
MTN Group owns 49 percent of MTN Irancell, which was
launched in late 2006 as Iran's No. 2 cellular operator. Some
investors deemed the expansion risky, given the country's
nuclear stand-off with the West.
MTN, which operates mobile phone networks across Africa and
the Middle East, has more than 16 million customers in Iran and
says the country has major growth potential.
(Reporting by Gugulakhe Lourie)