TheMobin Trust Consortium (Persian:کنسرسیوم توسعه اعتماد مبین:Etemad-e-Mobin) is a company affiliated with theIranian Revolutionary Guard Corps.[1] As such, it is an economic engine of the Revolutionary Guards that has been used to acquirestate monopolies, or other commercial and business interests important toconservativeIranian political groups.[2]
According to theIRIB news agency, quoting theIslamic Revolutionary Guard Corps public relations: Following the measures of the General Staff of theArmed Forces of the Islamic Republic of Iran, the Bonyade-Ta'awon (Cooperative-Foundation) ofIRGC transferred its shares from "Etemad-Mobin Development Company" -- which is related to the shareholding ofMobile 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]
