U!Com invests AMD1.92 billion within the framework of 3-year program

U!Com invests AMD1.92 billion within the framework of 3-year program

PanARMENIAN.Net - U!Com implemented AMD1.92 billion worth investments out of AMD3.9 billion envisaged within the framework of 3-year investment program. 2700 connections instead of 700 planned have been provided since 2009.

At present the company has 164 employees, Armenian Minister of Economy Nerses Yeritsyan stated at October 14 governmental sitting.

In 2009, Armenian government adopted an investment program envisaging VAT exemption for a period of 3 years.

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