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Entering Armenian Telecommunication Market Russian Vimpelcom Intends

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  • Entering Armenian Telecommunication Market Russian Vimpelcom Intends

    ENTERING ARMENIAN TELECOMMUNICATION MARKET RUSSIAN VIMPELCOM INTENDS TO IMPROVE SUBSCRIBER NET

    Moscow, June 23. ArmInfo. Entering the Armenian telecommunication
    market, the Russian Vimpelcom (trade mark "Beeline") intends to
    improve the quality of subscriber net, Vimpelcom Vice President for
    International Investment Relations Valery Goldin told ArmInfo.

    To note, yesterday OTE Greek Company announced 4 companies-participants
    of the tender for 90 pct stake in ArmenTel. The first in the list
    of applicant- companies is Russian Vimpelcom. Vice President of the
    company did not explain if the ranking in the list testifies to the
    success of an applicant. He proposed waiting for final results of
    the current final stage. V. Goldin did not reveal the bid offered
    by Vimpelcom before the final results either. He said in case of
    winning the tender, Vimpelcom intends to invest in improvement of the
    subscriber net and communication level to bring them to the Russian
    quality standard. He said the investments will help improving the
    technical net, extending the service zone, developing the distribution
    net and the payment system. As regards possible difficulties of OTE in
    the work in the Armenian market, V. Goldin said the specifics of the
    work in the post-Soviet area is identical and the company got enough
    experience in Ukraine, Kazakhstan, Uzbekistan and Tajikistan. "It
    seems to us there will not be any big problems in the Armenian market,"
    he said with optimism.
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