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K-Telecom likely to start operation in 2005 August

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  • K-Telecom likely to start operation in 2005 August

    K-TELECOM LIKELY TO START OPERATION IN 2005 AUGUST

    ArmenPress
    Nov 9 2004

    YEREVAN, NOVEMBER 9, ARMENPRESS: Armenian justice minister David
    Harutunian reasoned today against claims accusing the government
    of lack of transparency and integrity, prompted by a swift bidding
    called and administered during a weekly cabinet meeting last week
    that announced K-Telecom, a subsidiary of Karabagh Telecom, as an
    alternative mobile phone operator in Armenia. During a briefing
    with journalists today the minister said that granting a license to
    K-Telecom was ultimately a strategic and political decision, but not
    "a choice of the best operator."

    The minister went on to argue that Karabagh-Telecom was not just
    a mere mobile phone operator, but a company ensuring the country's
    defense. "The company provides excellent communication, including
    also mobile phone communication, across the entire territory of
    Nagorno Karabagh, which is of key importance," he said, adding also
    that Nagorno Karabagh was facing problems when Azerbaijan started an
    international campaign to recognize Karabagh Telecom as an illegally
    operating company. "The decision to grant the license to K-Telecom is
    to help Nagorno Karabagh people not to feel isolated," the minister
    said.

    He said the new operator is likely to start full operation in
    2005 August, since ArmenTel needs some time to vacate some of GSM
    frequencies, now all dominated by it, for the new operator.

    Karabagh Telecom is a subsidiary of a Lebanese-owned firm that has
    exclusive right on Nagorno-Karabakh's telecommunications sector. It
    is managed by Lebanese nationals Pierre Fattouch and Ralph Yirikian,
    who say they have invested $10 million in the entire Karabakh phone
    network. The mobile phone tariffs in Nagorno Karabagh are much lower
    than in Armenia.
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