Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
BMI View: We have made some minor forecast revisions in this quarterly update, but continue to hold our
core view for the Iranian telecommunications market. BMI is of the opinion that the removal of sanctions
on Iran in January 2016 will have a positive impact on foreign direct investment in the country, with GDP
forecast to grow at a rapid pace over the medium-term. The mobile segment will continue to grow on a
strong trajectory due to increased accessibility of 3G and 4G services. The wireline segment will grow
modestly due to growing preference for mobile over fixed solutions.
Latest Updates & Industry Developments
? Removal of sanctions in January 2016 should encourage increased foreign direct investment into Iran,
with BMI's Country Risk team predicting GDP to rise from 3.8% in 2016 to around 4% in 2020.
? Since the launch of 3G and 4G data services, the Iranian mobile market has experienced strong growth yo-
y and total mobile subscribers are expected to reach 146.4mn subscribers in 2020, up from 132.6mn in
? Growth in the wireline segment will be subdued due to increase availability of mobile services; 32.6mn
fixed lines are expected to be in service in 2020, up slightly from 30.8mn in 2016.