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FOR IMMEDIATE RELEASE
October 8, 2012
Phone: (212) 554-3296
UANI Issues Statement Regarding the Losses MTN has Suffered Due to the Crash of the Iranian Rial
As Iran's currency plummets, so does MTN's value. MTN's irresponsible partnership with the Iranian regime has exposed MTN, its partners, and its shareholders to serious financial risk, given the international community's ongoing work to isolate the regime.
MTN should finally cut its losses and pull out of Iran in order to salvage what remains of its reputation and spare its shareholders additional financial losses. MTN has blood on its hands from assisting the Iranian regime in brutalizing its own people. It was always clear that MTN's Iran business activities were harmful to MTN's reputation -- now it is clear that they are also disastrous to MTN's finances. Companies around the world are taking note of the hardships MTN is now enduring. No responsible company can do business in Iran without exposing itself to serious and unacceptable risks. We call for a global boycott of MTN's products and services and divestment from its stock, until it ends its reckless partnership with the Iranian regime.
MTN was a charter member of UANI's Iran Business Registry, launched in 2009, and a continuing focus of UANI's Tech & Telecom campaign. MTN is the primary partner of the Iranian regime's mobile telecommunications systems, as a 49% shareholder in MTN Irancell, the rest of which is owned by the regime itself. MTN has carried out orders from the regime to shut off text messaging and Skype during times of political protest, and reportedly has a floor in its Tehran headquarters where Iranian military officials compile and access tracking data.
Click here to view UANI's Iran Currency Tracker.
Click here to read UANI's February 29 letter to MTN.
Click here to read UANI's January 25 letter to MTN.
Click here and here to see UANI's MTN advertisements.
Click here to read the Mail and Guardian article, "National Anti-MTN adverts get local gag."
Click here to send a message to MTN.
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United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code.
The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace.
United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons.
The Objectives of United Against a Nuclear Iran
- Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad;
- Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world;
- Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran;
- Lay the groundwork for effective US policies in coordination with European and other allies;
- Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and;
- Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures.
UANI is led by an advisory board of outstanding national figures representing all sectors of our country. |
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