Iranian communications network development company in which Nokia Corporation is the controlling shareholder, per Nokia's audited Form 20-F. The minority shareholder is Tacfam, of which Nokia states it cannot exclude government ownership or control. Nokia reported no sales activity in Iran in 2025.
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Business model & group
Nokia activity in IranYear ended 31 December 2025Official record
One employee at the end of 2025 in a local Iranian office held through a branch of a Finnish subsidiary. Nokia reports it ceased providing telecommunications equipment and services to its former Iranian customers, had no sale activity in Iran in 2025, recognised no sales or sales margin from any customer, and intends to continue not accepting new business in Iran in 2026.
Controlling shareholderYear ended 31 December 2025Official record
Nokia Corporation. In Nokia's words, "Nokia is the controlling shareholder in Pishahang Communications Network Development Company (Pishahang)". The other shareholder named is Information Technology Application Development TACFAM Company (Tacfam), described as the minority shareholder. No percentages are given.
Minority shareholder, state-link assessmentYear ended 31 December 2025Official record
Nokia states that it "cannot exclude the possibility that Tacfam is owned or controlled, directly or indirectly, by the government of Iran", while noting the assessment is difficult to make with any reasonable degree of certainty.
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Controlling shareholderOfficial recordYear ended 31 December 2025
Nokia Corporation. In Nokia's words, "Nokia is the controlling shareholder in Pishahang Communications Network Development Company (Pishahang)". The other shareholder named is Information Technology Application Development TACFAM Company (Tacfam), described as the minority shareholder. No percentages are given.
Minority shareholder, state-link assessmentOfficial recordYear ended 31 December 2025
Nokia states that it "cannot exclude the possibility that Tacfam is owned or controlled, directly or indirectly, by the government of Iran", while noting the assessment is difficult to make with any reasonable degree of certainty.
Nokia activity in IranOfficial recordYear ended 31 December 2025
One employee at the end of 2025 in a local Iranian office held through a branch of a Finnish subsidiary. Nokia reports it ceased providing telecommunications equipment and services to its former Iranian customers, had no sale activity in Iran in 2025, recognised no sales or sales margin from any customer, and intends to continue not accepting new business in Iran in 2026.
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Registered entity
OwnershipControlling shareholder Nokia Corporation (Finland); minority shareholder Information Technology Application Development TACFAM Company.
Entity notesThe record is built from a foreign issuer's audited filing, not from an Iranian registry document. Persian legal name, national identifier and registration number are not yet held. Tier set to Reported on 2026-09-14: the record rests on one foreign issuer filing and holds no Iranian registry identifier, so it does not meet the published Verified definition.
Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →
Quick facts
Tehran, Iran
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