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"Armentel" And "Arminco" Companies Dominating In TelecommunicationsM

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  • "Armentel" And "Arminco" Companies Dominating In TelecommunicationsM

    "ARMENTEL" AND "ARMINCO" COMPANIES DOMINATING IN TELECOMMUNICATIONS MARKET OF ARMENIA

    Yerevan, April 12. ArmInfo. The dominating positions of a number of
    companies in the markets of "internet services" and "data transmission
    services over leased lines" and "international services of satellite
    data reception" were considered by the Commission for Protection of
    Economic Competition (CPEC), Wednesday.

    CPEC press-service told ArmInfo that according to a survey 213
    economic entities have license for provision of internet services,
    however majority of these entities do not provide "first hand internet"
    i.e. they receive Internet from 10 big providers and directly from
    ArmenTel. As regards the volume of the services of these 10 companies,
    in 2005 it amounted to 1.9 billion AMD, including 37.1% being the
    share of Arminco. Thus, the company has a dominating position in the
    given segment, therefore, it was included in the relevant register
    of CPEC. "Netsys" occupies 18.1% of the market segment, "Cornet-AM"
    - 15.6%, "Escolt" - 14.5%, "Web" - 9.8%. In the market of satellite
    data reception, the operating 21 economic entities provided services
    worth 454.6 million AMD. However, the maximum share of the companies
    engaged in the given segment did not exceed 20% i.e. no dominating
    companies were recorded.
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