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Cornet-AM CJSC To Start Providing Wide Range Of Telecommunication Se

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  • Cornet-AM CJSC To Start Providing Wide Range Of Telecommunication Se

    CORNET-AM CJSC TO START PROVIDING WIDE RANGE OF TELECOMMUNICATION SERVICES IN ARMENIA IN 2008

    arminfo
    2008-04-11 15:17:00

    ArmInfo. Cornet-AM CJSC is going to start providing a wide range of
    telecommunication services in Armenia in 2008, Director General of
    Cornet-AM Boris Demirkhanyan told ArmInfo correspondent, Friday.

    According to him, the company obtained a licence for exploitation
    of the public network of electronic communications in Armenia,
    which implies rendering of the widest range of services, including
    telephony and IP television. These services became possible after the
    complete liberalization of the telecommunication market in Armenia
    since October 1, 2007. Today, Cornet-AM provides various services
    in Armenia, including provision of access to internet and creation
    of network systems. It is planned to launch the WiMaе network in 18
    towns of Armenia in 2008, and Cornet-AM intends to start exploiting
    this network in the middle of 2008, the director general said.

    To exploit the network throughout Armenia, the company applied to
    the Public Service Regulatory Commission for certain frequencies in
    the regions. The company already has the required frequency range
    in Yerevan, and the network has been operating since summer 2006,
    he said. After WiMax is launched, there will be an opportunity to
    provide a wide range of services and Cornet-AM's supply will depend
    on demand for a certain service, Demirkhanyan noted.

    The Russian company "Comstar - United Telesystems" has 75% of shares
    in the capital of Cornet Enterprises Ltd, which is the sole owner
    of Cornet-AM CJSC. To note, the multi-sectoral holding AFK System
    controls "MTS", "Comstar", "Svyazinvest", "Sitronix", "Sistema Gals",
    "Detsky Mir", "Inturist".

    --Boundary_(ID_ng8915cQuzSG xjR/7vCy1A)--
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