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MTS TO BE GOING TO PURCHASE 90% STAKE IN LARGEST ARMENIAN GSM-OPERATOR
RIA OREANDA
Economic News
June 5, 2006 Monday
Moscow. OREANDA. The largest Russian cellular company in the CIS -
Mobile Telesystems (MTS) made an application on purchase of 90 %
stake in the largest Armenian GSM-operator ArmenTel from Greek
telecommunication group OTE.
OTE has got 90 percent of shares of ArmenTel at the international
competition in the end of 1997, having received also a monopoly on
granting telecommunication services within 15 years.
According to ACM-Consulting by the beginning of 2006 ArmenTel has been
serving more than 321,000 subscribers. The second cellular operator
of Armenia - VivaCell - serves approximately 300,000.
RIA OREANDA
Economic News
June 5, 2006 Monday
Moscow. OREANDA. The largest Russian cellular company in the CIS -
Mobile Telesystems (MTS) made an application on purchase of 90 %
stake in the largest Armenian GSM-operator ArmenTel from Greek
telecommunication group OTE.
OTE has got 90 percent of shares of ArmenTel at the international
competition in the end of 1997, having received also a monopoly on
granting telecommunication services within 15 years.
According to ACM-Consulting by the beginning of 2006 ArmenTel has been
serving more than 321,000 subscribers. The second cellular operator
of Armenia - VivaCell - serves approximately 300,000.