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VivaCell-MTS To Invest 95 Mln Dollars In Development Of Telecommunic

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  • VivaCell-MTS To Invest 95 Mln Dollars In Development Of Telecommunic

    VIVACELL-MTS TO INVEST 95 MLN DOLLARS IN DEVELOPMENT OF TELECOMMUNICATION NET IN ARMENIA IN 2009

    ArmInfo
    2009-01-29 18:12:00

    Arminfo. According to the preliminary account VivaCell-MTS company is
    going to invest 95 mln dollars in development of telecommunication net
    in Armenia in 2009, Director General of the company Ralph Yirikian
    told journalists at today's press-conference. He also added that in
    2008 the company invested 65 mln dollars.

    He said that even more competitive services will be offered to the
    Armenian market in year 2009 with the launch of 3G network. "Enhanced
    with the launch of HSDPA, 3G network will provide the Company with
    a very important platform for delivering high quality and innovative
    services to its customers", - he said and recalled that total sum of
    the paid tax amounted to 30,8 bln drams against 15,5 bln in 2007.

    'VivaCell-MTS' revenue was 75 mln dollars in the third quarter 2008. It
    is by 22% more than in the second quarter.
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