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OTE Does Not Disclose Details Of Talks On Selling ArmenTel

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  • OTE Does Not Disclose Details Of Talks On Selling ArmenTel

    OTE DOES NOT DISCLOSE DETAILS OF TALKS ON SELLING ARMENTEL

    PanARMENIAN.Net
    27.04.2006 22:01 GMT+04:00

    /PanARMENIAN.Net/ OTE Greek telecommunication corporation does not
    disclose the details of the talks on selling the 90% of shares of
    ArmenTel Armenian company, owned by OTE. The Corporation's Press
    Service stated they have nothing to add to the press release of April
    4. We remind that the OTE press release of April 4 said that after
    consultations with the Armenian Government OTE is considering the
    opportunity to sell the package of ArmenTel shares it holds.

    The OTE Press Service did not answer the question who may be the
    potential buyers and the terms of implementation of the deal. They
    also refrained from comments on the prospects of pre-sale division of
    ArmenTel into several parts (fixed and international communication,
    mobile communication, Internet services), Mediamax reports.
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