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Commission Declines Armentel's Request

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  • Commission Declines Armentel's Request

    Armenpress

    COMMISSION DECLINES ARMENTEL'S REQUEST

    YEREVAN, NOVEMBER 24, ARMENPRESS: Armenia's Public
    Services Regulatory Commission has declined today a
    request by ArmenTel telephone company seeking to raise
    tariffs for its exclusive and non-exclusive services.
    The commission said the current prices will remain in
    force until March, 2007 as 'transitional prices."
    On September 1 ArmenTel asked the Commission to
    allow it to raise the monthly payment for one
    fixed-line telephone from current 1,100 drams to
    3,3000. It also asked for a permission to cut the
    360-minute limit of free telephone conversations from
    digitized telephones to 280 minute and raise the price
    of conversations above that limit from 4 drams per one
    minute to six drams.
    It also suggested that 9 drams be charged for every
    minute of conversations above 1000 minute. ArmenTel
    also wanted to double the price for providing a new
    telephone number to 24,000 drams. As a compensation it
    suggested it could reduce prices of international
    telephone calls up to 70 percent. However, the
    Commission declined the proposal.
    The company repeated the request 45 days later, as
    allowed by the law, but it was again denied by the
    Commission.
    Commission chairman Robert Nazarian said they hope
    that the new owner of ArmenTel (it was sold to Russian
    Vimpelcom at 342 million euros) will be able to use
    this short period of time to assess the situation
    inside the company and reach through open debates with
    the Commission a result that would satisfy all sides.
    ArmenTel has about 600,000 fixed-line and 400,000
    mobile service subscribers, and uses the GSM 900 and
    CDMA standards.
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