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Armentel refuses to pay $400,000 fine

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  • Armentel refuses to pay $400,000 fine

    Armenpress

    ARMENTEL REFUSES TO PAY $400,000 FINE

    YEREVAN, AUGUST 26, ARMENPRESS: A government-affiliated commission for
    protection of economic competition said it has received today a complaint
    from ArmenTel telephone operator protesting its August 12 decision to fine
    the company $400,000 for the more than month-long breakdown of its network
    that caused widespread anger among its nearly 300,000 subscribers from June
    30 to July 10. The company had to pay the fine within ten days.
    The commission had ruled that the Greek-owned company, which maintains
    its legal monopoly on fixed-line telephony and Internet services in Armenia,
    has abused its "dominant position" in the cellphone business. Commission
    chairman, Ashot Shahnazarian, said ArmenTel said it would cite additional
    information to explain the service's failure. He said the commission will
    convene on August 31 to respond to the complaint, saying also that the
    commission is very unlikely to revise its August 12 decision. He said if the
    company fails to pay the fine the commission will take the case to court.
    Shahnazarian said he was assured by ArmenTel's managers that the quality
    of mobile phone services "will finally improve by September 15."
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