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Armentel May Get New Owner Already Tomorrow

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  • Armentel May Get New Owner Already Tomorrow

    ARMENTEL MAY GET NEW OWNER ALREADY TOMORROW

    Yerevan, June 21. ArmInfo. OTE General Assembly, the owner of 90 pct
    stake in ArmenTel, will meet tomorrow on June 22 in Athens to adopt
    a decision on the sale of its stake. OTE headquarters told ArmInfo.

    The source refrained from any comments on the upcoming decision of OTE
    before the official report. To note, according to unofficial data, 8
    companies applied for the stake. Among them are large Russian companies
    "Mobile TeleSystems," "Vimpelcom," and "Megaphone" who control over
    70 percent of the market in the post-Soviet area.
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