Beeline not planning tariff change

PanARMENIAN.Net - "There's hardly any organization is the world that remained unaffected by financial crisis," ArmenTel CJSC Director General Neicho Velichkov told a news conference on Monday. "Our company is proud to occupy firm positions in Armenia as well as worldwide. Financial crisis must not prevent us from implementation of scheduled programs. This is the time when major companies have to prove their vitality. Crisis could be termed as production decrease and we'll need a long time to overcome it."





The company has a very clear development program and plans no job cuts in 2009. "We've planned a number of internal reorganizations. Construction works effected within the last 2 years and over $200 million of development investments will make it possible for the company to operate trouble free," Neicho Velichkov reported.





When questioned about possible Beeline tariff revision, Director General responded, "Beeline doesn't plan tariff increase for mobile services, yet if the situation changes for the worse, we'll have to revise our price policy."



ArmenTel CJSC is a subsidiary of VimpelCom Group, consisting of telecommunications operators providing voice and data services through a range of wireless, fixed and broadband technologies. The Group companies provide services under the "Beeline" brand.