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Ucom And ICON Unite

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  • Ucom And ICON Unite

    UCOM AND ICON UNITE

    ARMENPRESS
    OCTOBER 4, 2011
    YEREVAN

    Ucom and iCON Communications companies will unite in the sphere of
    providing wire and wireless internet services. It was stated today by
    the directors of Ucom and iCON Hayk Yesayan and Raffi Kasarjyan. They
    refused to disclose the cost of the deal.

    Ucom is known for providing services via fiber-optic cable and iCON
    Communications is among the leaders in Armenia in the WIMAX - wireless
    internet sphere.

    The directors explained that they do not publicize the cost of the deal
    because of the wish of "shareholders from outside". Raffi Kasarjyan
    pointed out that the chief shareholder of iCON Communications is a
    company registered in the United Arab Emirates. As a result of the
    deal director of iCON leaves his post because the 100% of the shares
    of the company will pass to Ucom.

    Earlier, at another joint news conference it was declared that Ucom
    has acquired Netsys company.

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