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ARMENIA'S INTERNET MARKET ATTRACTS NEW STAKEHOLDER
Tert.am
03.02.12
A leading Russian telecommunication company has decided to join
Armenia's internet market, becoming a shareholder of a major Internet
operator in the country.
According to the Russian news website Gazeta.ru, Rostelekom has
purchased 75% (-1) of the shares belonging to the Network Services
Provider GNC-Alfa. The Russian company's president, Alexander
Provotorov, was quoted as saying that their control over the
Armenian internet operator would enable them to acquire a developed
infrastructure on country's telecommunication market which has great
potentials for development.
In 2011, GNC-Alfa's profit made $12 million, its net debt amount was
less than $1million.
Rostelekom's plan to purchase GNC-Alfa's shares was unveiled on January
13. The Russian media said the company also wanted to acquire Ucom,
an independent internet provider in Armenia's telecommunication
sector. The deal would increase Rostelekom's shares on the Armenian
internet market to 13%.
Tert.am
03.02.12
A leading Russian telecommunication company has decided to join
Armenia's internet market, becoming a shareholder of a major Internet
operator in the country.
According to the Russian news website Gazeta.ru, Rostelekom has
purchased 75% (-1) of the shares belonging to the Network Services
Provider GNC-Alfa. The Russian company's president, Alexander
Provotorov, was quoted as saying that their control over the
Armenian internet operator would enable them to acquire a developed
infrastructure on country's telecommunication market which has great
potentials for development.
In 2011, GNC-Alfa's profit made $12 million, its net debt amount was
less than $1million.
Rostelekom's plan to purchase GNC-Alfa's shares was unveiled on January
13. The Russian media said the company also wanted to acquire Ucom,
an independent internet provider in Armenia's telecommunication
sector. The deal would increase Rostelekom's shares on the Armenian
internet market to 13%.