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Armenia Delays Tender For Third GSM License

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  • Armenia Delays Tender For Third GSM License

    ARMENIA DELAYS TENDER FOR THIRD GSM LICENSE

    Prime-Tass English-language Business Newswire
    May 14, 2008 Wednesday 12:10 PM EET

    Armenia has delayed a tender for a third GSM license until at least
    June, a source close to country's Transportation and Communications
    Ministry said, RBC Daily reported Wednesday.

    The license will cover the entire country and will be issued for 10-15
    years. The starting price will be 10 million euros, RBC Daily reported.

    Armenia's two GSM mobile carriers, ArmenTel and K-Telecom, are
    subsidiaries of Russia's VimpelCom and MTS, respectively.

    MegaFon, Russia's third biggest operator, is not interested, a company
    spokeswoman told the newspaper.

    A third carrier could win an up to a 15% market share, an industry
    analyst told RBC Daily.
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