Mobile Company of Iran (or Mobile Communication Company of Iran) also known under its brand name Hamrah-e-Avval is Iran

Iran

Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...

's first and largest mobile phone

Mobile phone

A mobile phone is a device which can make and receive telephone calls over a radio link whilst moving around a wide geographic area. It does so by connecting to a cellular network provided by a mobile network operator...

 network operator. MCI was a subsidiary of the Telecommunication Company of Iran

Telecommunication Company of Iran

Telecommunication Company of Iran was established in 1971 with a new organizational structure as the main responsible administration for the entire telecommunication affairs, and Iran Telecommunication Industries was also founded in the same year to manufacture the required equipment for the...

 and it has over 16 million postpaid and over 18 million prepaid subscribers. Hamrah-e-Avval's service is available in 1,078 cities and over 38,000 kilometers of highway in Iran. It provides roaming services via 256 partner operators in 109 countries. In 2010, 5.5% of the MCI shares were offered on the Iranian Over-The-Counter (OTC) market, at a value of $396 million. This was the largest IPO-to-date in the Iranian OTC equity market.