INTRACOM SIGNED €22.8-MILLION CONTRACT WITH VIVACELL

PanARMENIAN.Net - INTRACOM has signed a new contract, amounting to €22.8M in its first phase, with VivaCell, the trademark of K-Telecom, which is second largest mobile operator in Armenia, for the deployment of a mobile network. INTRACOM Company Press Service stated to .am edition of PanARMENIAN.Net According to the source, the aim of the project, which INTRACOM undertook in cooperation with ALCATEL, is to enable VivaCell to become a strong mobile operator in Armenia that will provide the most advanced high-quality services to the Armenian end-users. In particular, within the framework of the contract, the project provides for the deployment of a complete "turn-key" mobile network covering the entire territory of Armenia. It should be noted that INTRACOM Company headquartered in Greece is one of the main providers of ArmenTel telephone company, which has concluded a $37-million contract of with INTRACOM in 1999. However, the Interdepartmental Commission, formed by the Armenian Government in 2001, has discovered misuse of the financial flows of common activities of ArmenTel and INTRACOM. It should also be mentioned that INTRACOM Company was founded by social immigrant Sokratis Kokalis, who is observed to be in close cooperation with German State Security Committee. Bundestag respective bodies are dealing with the wheeler-dealer finance of Sokratis Kokalis and his company. Detailed information is available in the

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