Announcement

Collapse
No announcement yet.

Gnc-Alfa To Invest $12 Mln To Expand Presence In Armenia

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Gnc-Alfa To Invest $12 Mln To Expand Presence In Armenia

    GNC-ALFA TO INVEST $12 MLN TO EXPAND PRESENCE IN ARMENIA

    December 18, 2012 - 16:58 AMT

    PanARMENIAN.Net - Armenia became the first country in the near abroad
    to be using Rostelecom services under the company's own brandname,
    the vice-president of the Russia-based company said.

    As Naum Marder told a December 18 news conference in Yerevan, the
    new type of work will produce a synergetic effect to serve as a good
    cooperation example.

    As the director general of GNC-ALFA CJSC, Rostelecom subsidiary,
    Hayk Faramazyan said, the services will be provided under Rostelecom
    brandname, with a $12 million investment to be provided in 2013 to
    expand the company's presence. The company's investments in 2012
    amounted to $10 mln.

    "The investment will allow fulfilling the company's ambitious plans
    by carving its own niche in Armenia's retail sector to cover virtually
    all the cities in Armenia," he said.

    Earlier, GNC Alfa CJSC, the affiliate company of Rostelecom OJSC
    long-distance telephony provider entered the Armenian market.

    GNC-ALFA has launched fixed telephony and broadband Internet services,
    with ITV catch-up to be included in the package later.

    GNC-ALFA is one of the leading telecom operators in Armenia, with a
    network based on fiber-optic cable. The company's service portfolio
    includes data transmission, broadband Internet, IP transit, voice,
    international leased lines. It operates in all the provinces of
    Armenia with network coverage in more than 47 cities.

Working...
X