NKR Government And Karabakh Telecom Sign Memorandum Of Cooperation

[Tatoyan Vazgen]

NKR GOVERNMENT AND KARABAKH TELECOM SIGNED MEMORANDUM OF COOPERATION

DeFacto Agency
April 28 2008
Armenia

YEREVAN, 28.04.08. DE FACTO. The Nagorno-Karabakh Republic government
and Karabakh Telecom Company signed a memorandum of cooperation.

According to the document signed by the NKR PM Ara Harutyunian and
Karabakh Telecom Company Director General Ralph Yerikian, Karabakh
Telecom is to realize a humanitarian project for 500 million drams
in the Nagorno-Karabakh within the current year. DE FACTO received
the information at the NKR government's press office.

It is planned to establish a medical laboratory equipped with
up-to-date machinery in Stepanakert and to build a regional hospital in
the town of Martakert within the frames of the project to be realized
by the NKR government.

In Ralph Yerikian's words, Karabakh Telecom considers itself in duty
bound "to return a part of profit to the society where its works". He
urged all companies working in the Nagorno-Karabakh to assign even
if 1 % of their profit for humanitarian programs' realization.