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Armenia's New Mobile Operator To Invest =?unknown?q?=C2~B=AC200mln_I

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  • Armenia's New Mobile Operator To Invest =?unknown?q?=C2~B=AC200mln_I

    ARMENIA' S NEW MOBILE OPERATOR TO INVEST Â~B¬200MLN IN TWO YEARS

    ARKA
    July 11

    Armenia's third mobile operator, which is to be selected as a result
    of a tender scheduled for this summer, is supposed to be able to make
    â~B¬200mln investments during two years.

    This is one of the tender terms, which are to be considered by the
    RA Public Services Regulatory Commission on July 16.

    Any local or foreign company pre-qualified by the Commission can
    submit their bids. The tender package costs â~B¬10,000, with the
    minimum cost of one bid to be â~B¬10mln.

    The tender winner will receive a 15-year license. The new operators
    will be licensed to use a number of frequencies and the codes 374
    (0) 55, 374 (0) 95.

    RA Deputy Minister of Transport and Communication Vruir Arakelyan
    earlier stated that a tender for the selection of Armenia's third
    mobile operators was to be held this July.

    He reported that some companies, from Russia, Europe and Iran showed
    interest in the tender.

    Two mobile operators are working in Armenia - ArmenTel, which is
    fully owned by VimpelCom (Russia), and VivaCell, with MTS Company
    holding its control stock

    --Boundary_(ID_kYkoDvm9ZltS5zltzOmV5Q)--
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