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Andranik Manoukyan Will Sell

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  • Andranik Manoukyan Will Sell

    ANDRANIK MANOUKYAN WILL SELL

    A1+
    [05:14 pm] 08 November, 2006

    The RA Government intends to sell the 10% of the shares of "ArmenTel"
    to Russian "Vympelcom" if the latter renounces monopoly, RA Minister
    of Transport and Communication Andranik Manoukyan said today.

    "Why did we keep the 10%? As far as there were provisions about
    monopoly, having that 10% the Government participated in the session
    and discussions and tried to affect the decisions. But it didn't. Only
    one of the five members of the Council represented the Government. And
    four is always more than one. Now that there is no monopoly, the
    tariffs are formed in the circumstances of competition", Andranik
    Manoukyan explained. Let us remind you that he has the control over
    the 10% of shares of "ArmenTel".

    By the way, Andranik Manoukyan also informed that the third cellular
    operator can appear in Armenia no sooner than in 2009 as the Government
    has promised not to give a license to any new operator until then.
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