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"Orange" Daughter Company Of "France Telecom" Makes Highest Finanaci

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  • "Orange" Daughter Company Of "France Telecom" Makes Highest Finanaci

    "ORANGE" DAUGHTER COMPANY OF "FRANCE TELECOM" MAKES HIGHEST FINANCIAL OFFER IN TENDER OF THIRD MOBILE PHONE OPERATOR IN ARMENIA

    ARMENPRESS
    Oct 6, 2008

    YEREVAN, OCTOBER 6, ARMENPRESS: "Orange" daughter company of the
    "France Telecom" presented the highest financial offer in the tender
    of the third phone operator in Armenia - 51 million 500,000 euros.

    Andranik Manukian, the head of the tender commission, presented today
    at the Armenian Transport and Communication Ministry the financial
    offers of the three companies which passed the pre-qualification
    round. Thus, the Swedish "Tele 2" company's financial offer was 45
    million 600,000, Irish-English "Digicell"'s was 31 million 660,000
    euros.

    Armenian Transport and Communication Minister Gurgen Sargsyan said
    that during three days the name of the winner will be announced.

    He said until December 15 the winner company will get a final license
    and from that moment will start functioning and during the 6 months
    it will be able to provide services.

    Within two years "Orange" must make 200 million euros' investment. "The
    experience showed that the entrance of the second phone operator
    decreased the existing tariffs and promoted the increase of the level
    of services of the mobile phone operators. I think that the entrance
    of the third mobile phone operator will do it too," G. Sargsyan said.

    The tender was announced June 27. Six companies presented application
    for participation, three of them passed the pre-qualification round.
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