27 Dec 2024
Sunday 23 June 2019 - 17:50
Story Code : 352492

Cellphones’ suitcase imports soaring

Financial Tribune - Suitcase imports of cellphones have been pushed to new high in Iran by a hodgepodge of state policies, in addition to the reimposition of harsh US sanctions against Tehran, in the past few months.

Official data show that between March 2018 and April 2019, 11.5 million mobile phones were imported into Iran, of which 6.5 million were brought in by official distributors and the rest entered the country in the form of suitcase imports, Eghtesad Online reported.

Ebrahim Dorosti, the head of Iran Electronics and Mobile Phone Importers Guild, says suitcase trade has an 85% share in Iran’s mobile phone market.
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