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Armentel To Appeal Against Decision of Commission

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  • Armentel To Appeal Against Decision of Commission

    ARMENTEL TO APPEAL AGAINST DECISION OF COMMISSION FOR PROTECTION OF
    ECONOMIC COMPETITION

    YEREVAN, AUGUST 26. ARMINFO. CJSC ArmenTel has made a decision to
    appeal against the decision of the Commission for Protection of
    Economic Competition of Armenia to impose $400,000 fine on ArmenTel
    for low-quality communication.

    Talking to journalists today, Chairman of the commission Ashot
    Shahnazaryan said on August 25 evening ArmenTel submitted a letter of
    administrative complaint to the commission. In conformity with the
    effective legislation, the administrative act of the commission on
    imposition of the fine is suspended till the commission replies the
    complaint. The commission intends to made a relevant decision at its
    next sitting on August 31, Shahnazaryan says.

    At the same time, he added that one cannot constantly fine the same
    company.

    (ArmenTel was fined for four times during the last three years,
    including three times for abuse of monopoly in the
    market). Shahnazaryan thinks such an attitude to a company making such
    investments in he country wrong. He says that ArmenTel assures that
    the cellular communication quality will be considerably improved by
    September 10-15 and the company is currently attracting large
    investments for this purpose.
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