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K-Telecom to start operation from July 1

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  • K-Telecom to start operation from July 1

    Armenpress

    K-TELECOM TO START OPERATION FROM JULY 1

    YEREVAN, JUNE 23, ARMENPRESS: The chief executive of K-Telecom Ralph
    Yerikian, a second company granted by Armenian government the right to
    provide mobile phone communication services, said today the company will
    start its commercial activity in Armenia beginning from July 1 and expects
    to attract as many as 300,000 customers in three months.
    The new company will work under Viva Cell brand name. Yerikian said the
    operator will first provide services to Yerevan residents and then will
    swiftly extend them to other regions. He said K-Telecom has so far invested
    $75 million in Armenia to build the network, but declined to reveal how much
    it was going to charge for its services. Earlier he said they would be lower
    than ArmenTel tariffs. The controlling stake in K-Telecom is held by a
    Lebanese businessman Pierre Fattouch. and "Fatush Investment Group"
    established by his family members.
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