Orange Armenia’s investments have totaled euro 150 million since November 2008.

“The company is planning to cover operating expenses through sales revenues starting the next year. The turnover in October totaled AMD 1 billion, the monthly proceeds from one subscriber being AMD 1500 - 2000 and AMD 7 000 - 9 000 in case of internet subscription,” Orange Armenia CEO Bruno Duthoit told journalists on November 5.

Orange Armenia subscriber database numbers 300 thousand users and 45 thousand mobile internet users.