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Government baulks at ArmenTel price hike plan

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  • Government baulks at ArmenTel price hike plan

    Government baulks at ArmenTel price hike plan

    TeleGeography, D.C.

    Armenia

    Thursday, 21 September 2006

    Senior government officials in Armenia have opposed plans put forward
    by the country's national operator ArmenTel to significantly raise
    the cost of fixed line services in the country. The monopoly operator
    submitted its proposal to the regulator in August, despite the fact
    that its Greek parent the Hellenic Telecommunications Organisation
    (OTE) was pressing ahead with plans to sell its 90% stake in the telco
    to another foreign investor. OTE has short-listed four foreign firms
    for the stake, but has yet to announce the winner. Prime Minister
    Andranik Markarian has now voiced his opposition to the hike, arguing
    that it would significantly push up the cost of dial-up internet
    access to the detriment of the development of IT in Armenia.
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