Mobin Trust Consortium

The Mobin Trust Consortium (Persian: کنسرسیوم توسعه اعتماد مبین:Etemad-e-Mobin) is a company affiliated with the Iranian Revolutionary Guard Corps.[1] As such, it is an economic engine of the Revolutionary Guards that has been used to acquire state monopolies, or other commercial and business interests important to conservative Iranian political groups.[2]

According to the IRIB news agency, quoting the Islamic Revolutionary Guard Corps public relations: Following the measures of the General Staff of the Armed Forces of the Islamic Republic of Iran, the Bonyade-Ta'awon (Cooperative-Foundation) of IRGC transferred its shares from "Etemad-Mobin Development Company" -- which is related to the shareholding of Mobile Telecommunication Company of Iran (Mobile Telecommunication Company of Iran)-- and came it out.[3] In regards to the composition of telecommunication shares, Mohammad-Reza Modaresi a member of the consortium said: Mobin Trust Development Consortium consists of two public corporation and one private corporation.[4]

See also

References
  1. Elite Guard in Iran Tightens Grip With Media Move nytimes.com
  2. Mobin Trust Consortium post-gazette.com
  3. Withdrawal of Sepah Cooperative Foundation from Etemad Mobin Development Company iribnews.ir Retrieved 6 September 2020
  4. "Mobin Trust Consortium", telecommunications ict.gov.ir Retrieved 6 September 2020
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