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Iranian minister discloses amount of losses caused as result of internet shutdown

Business Materials 2 December 2019 21:01 (UTC +04:00)
Iranian minister discloses amount of losses caused as result of internet shutdown

BAKU, Azerbaijan, Dec. 2

By Elnur Baghishov - Trend:

The mobile communication companies suffered losses worth 10.8 trillion rials (about $257 million) as a result of the internet shutdown in Iran, Iran's Minister of Information and Communications Technology Mohammad-Javad Azari Jahromi said.

“Irancell suffered big losses,” Jahromi added, Trend reports referring to ISNA.

“The Iranian National Post Company’s daily revenues dropped by 40 percent,” the minister said adding that r said that as a result of internet shutdown, most of the damage was caused to the sectors obtaining revenues.

“Presently, Iran's Information Technology Organization is calculating the amount of the damage,” Jahromi added.

Recently, the price of gasoline sold within quotas in Iran rose by 10,000 rials (23 cent) to 15,000 rials (35 cent) per liter and the price of freely sold gasoline grew to 30,000 rials (71 cent) per liter.

A number of peaceful protests were held in Iran in connection with an increase in gasoline prices. Iran's Supreme National Security Council decided to cut off the internet in Iran because the protests turned into riots and the internet shutdown lasted for about 10 days.

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