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Commission For Protection Of Economic Competition Recognizes Claims

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  • Commission For Protection Of Economic Competition Recognizes Claims

    COMMISSION FOR PROTECTION OF ECONOMIC COMPETITION RECOGNIZES CLAIMS AGAINST ARMENTEL GROUNDLESS

    ArmInfo
    2008-12-24 15:58:00

    Commission for Protection of Economic Competition stopped the
    administrative proceedings on two claims by 'Protection of Consumers'
    Rights' NGO against ArmenTel CJSC (brand Beeline). The first claim was
    connected with problems of Hi Line service users because of traffic
    limitation by other providers. The second claim was connected with
    the mistake of the operator when providing data on GPRS service to
    a user. The mistake was timely fixed by ArmenTel and did not result
    in any financial problems for users. Earlier, in October 2008, the
    Commission stopped the administrative proceedings on another claim
    by the NGO against ArmenTel connected with provision of details of
    telephone calls. Thus, the Commission recognized all the three claims
    against ArmenTel groundless.

    'We are glad that are all the misunderstandings have been settled
    and we'd like to express our readiness for dialogue with public and
    clients. I hope in future consumers' rights protection organizations
    will discuss problems with us not resorting to such radical measures',
    said David Sandukhchyan, the head of ArmenTel Juridical Service.

    ArmenTel CJSC (Beeline brand) is the subsidiary of VimpelCom
    Group. The VimpelCom Group consists of telecommunications operators
    providing voice and data services through a range of wireless, fixed
    and broadband technologies. The Group includes companies operating
    in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and
    Armeniaas well as Vietnam and Cambodia, in territories with a total
    population of about 340 million. The Group companies provide services
    under the "Beeline" brand. VimpelCom was the first Russian company
    to list its shares on the New York Stock Exchange ("NYSE").

    VimpelCom's ADSs are listed on the NYSE under the symbol "VIP".
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