Ucom in talks to buy Orange ArmeniaJuly 22, 2015 - 16:03 AMT PanARMENIAN.Net - Ucom, an Armenian telecommunication company, is reportedly in talks with French multinational telecommunications corporation Orange to buy its Armenian branch. Orange Armenia does not have the scale necessary for generating investments required, according to ArmeniaNow. Ucom, an Internet, IP television and landline digital phone services provider has a license for providing 4G/LTE services. According to local media estimates, Orange Armenia mobile network may have a market value worth $80-120 million. No deal has been officially confirmed yet. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |