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Orange SA: Telecommunication Market Of Armenia Has A Potential For E

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  • Orange SA: Telecommunication Market Of Armenia Has A Potential For E

    ORANGE SA: TELECOMMUNICATION MARKET OF ARMENIA HAS A POTENTIAL FOR EXPANSION FIRST AND FOREMOST DUE TO NEW SERVICES

    Arminfo
    2008-10-06 22:22:00

    ArmInfo. The telecommunication market of Armenia has a potential for
    expansion, Director for International Business in Europe and Eurasia
    of Orange SA company (France Telecom's branch) Jean-Michel Serre told
    ArmInfo correspondent. According to him, the Armenian market can be
    expanded due to not only the subscribers' base, but also new services,
    particularly, cellular communication with wideband internet.

    To recall, Orange SA operates in 23 countries. The total volume of the
    company's investments in these countries totalled 7 bln EUR in 2007,
    (approximately 30% of the total profit), 900 mln of them were spent
    on research.
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