  VympelCom Going to Strengthen ArmenTel's PositionsNovember 6, 2006 - 15:19 AMT PanARMENIAN.Net - When commenting on the bargain sealed with Greek OTE President of VympelCom Russian company Alexander Izosimov said, "We are glad to announce the agreement, which will allow us to launch activities in Armenia, the sixth CIS state our company offers its services to. Covering some 40% of the Armenian cellular market ArmenTel has a strong position and we are going to consolidate it."According to the information posted on VympelCom's website, the ArmenTel package costs 341.9 million euros plus 40 million euros of net debt and obligations of the company. The final conclusion of the bargain will depend on a number of terms including consent of the Armenian government till end of 2006.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.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. |
