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Greece's Intrakom signs 22.8 mln eur deal with Armenia's VivaCell

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  • Greece's Intrakom signs 22.8 mln eur deal with Armenia's VivaCell

    Greece's Intrakom signs 22.8 mln eur deal with Armenia's VivaCell
    07.18.2005, 10:15 AM

    Forbes
    July 18 2005

    ATHENS (AFX) - Greek ITC and defense conglomerate Intrakom announced
    it had signed a deal with Armenias second largest mobile operator,
    VivaCell, for the supply of mobile network technology. The first
    phase of the contract alone is expected to generate revenues of over
    22.8 mln eur for Intrakom.

    Intrakom will work in co-operation with Alcatel to supply VivaCells
    new mobile network to cover all of Armenias territory.

    At 3.05 pm local time Intrakom was trading down 0.53 pct to 3.76 eur,
    unable to consolidate earlier gains.

    Source: Euro2day NewsWire
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