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"Armentel" And "Fybernet Communication" Recognized Dominating In Int

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  • "Armentel" And "Fybernet Communication" Recognized Dominating In Int

    "ARMENTEL" AND "FYBERNET COMMUNICATION" RECOGNIZED DOMINATING IN INTERNET AVAILABILITY FIELD

    ARMENPRESS
    SEPTEMBER 24, 2009
    YEREVAN

    YEREVAN, SEPTEMBER 24, ARMENPRESS: Armenian Economic Competitiveness
    Defense State Commission decided at its today session to recognize
    "ArmenTel" and "Fybernet Communication" companies as having dominating
    position in internet availability field. In a briefing with reporters
    the chairman of the commission Ashot Shahnazaryan said the local
    providers voiced the issue that the tariff for the provided internet
    availability services by the above mentioned companies is high and
    does not promote the process of reforms carried out by the Armenian
    government in this sphere.

    The providers in their application note that if the price policy
    continues this way the developments planned by the government in
    this sphere will vanish and they will not be able to ensure or export
    competitive product in conditions of such internet prices.

    Shahnazaryan said that the commission has made studies connected with
    the issue and clarified the internet price "ArmenTel" and "Fybernet
    Communication" companies pay and with what price they sell it. It was
    found out that the mentioned companies acquire internet with 300-400
    USD and sell it in Armenia 1 MB 900-1300 USD. On the basis of it,
    it has been revealed that "ArmenTel" and "Fybernet Communication"
    have 58% and 56% of profit respectively.

    "So that we will be able to move this issues to legal field we need to
    first of all recognize these companies as having dominating position
    in internet supply field so that later we will be able to give an
    assessment for abusing the dominating position," Shahnazaryan said.

    From: Emil Lazarian | Ararat NewsPress
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