Armenia announced plans to offer third mobile license for the country

July 18, 2008 - 17:26 AMT
PanARMENIAN.Net - Armenia's telecoms regulator, The Public Services Regulatory Commission (PSRC) has announced plans to offer a third mobile license for the country, said Susanna Tonoyan



The interested parties should file in applications within 10 days starting with July 19, 2008.



Joining the tender will cost €10 thousand. There will be a reserve price of €10 million for the license and the winner will be required to invest a minimum of €200 million in the network rollout.



The codes for the third network will be +374 (0) 55 and +374 (0) 95. If by the end of the first operation year the operator fails to distribute more than 60 per cent of the numbers, the PSRC is entitled to appropriate the unused ones, RBC reports.



Armenia currently has two mobile networks, Armentel (majority owned by Russia's VimpelCom with Beeline trade mark) and VivaCell (majority owned by Russia's MTS). ArmenTel said last year that it had been granted a 3G license as well.
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