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Failures in ArmenTel network not due to increase of subscribers

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  • Failures in ArmenTel network not due to increase of subscribers

    PanArmenian News, Armenia
    July 11 2005

    FAILURES IN ARMENTEL NETWORK NOT CONDITIONED BY INCREASE OF
    SUBSCRIBERS OR EQUIPMENT FUNCTIONING

    11.07.2005 03:33

    /PanARMENIAN.Net/ ArmenTel Company has revealed an unexplainable
    overcharge of its network, Chief Executive Officer Vasilios Fetsis
    told journalists. In his words, strange failures that are not
    connected with technical defects have occurred in the cellular
    communication system since July 1. The causes are being investigated
    at present. According to Vasilios Fetsis the failures are cot
    conditioned by the increase of the number of subscribers or
    functioning of the equipment. To remind, till November 4, 2004
    ArmenTel has held the monopoly for the cellular communication in
    Armenian market. In 1997 OTE Greek company purchased 90% of the
    stocks of ArmenTel Telecommunication Company with $142.47 million.
    Since July 1, 2005 K-Telecom entered the Armenian market under the
    trademark of VivaCell. According to Mr. Fetsis ArmenTel will
    undertake all the necessary measures including legal ones to protect
    its network, Prime-Tass reported.
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