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Orange Armenia Invests 268 Million Euros In Armenia

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  • Orange Armenia Invests 268 Million Euros In Armenia

    ORANGE ARMENIA INVESTS 268 MILLION EUROS IN ARMENIA

    YEREVAN, November 7. / ARKA /. Since its inception in Armenia in 2009
    November Orange Armenia has invested ~@268 million in development
    of its network, including more than 51 million euros paid for the
    license to operate in Armenia, Orange Armenia CEO Francis Gelibter
    said in an interview with ARKA.

    "Each year, the company invests 10-13 million euros into the
    development of the network. We have planned to invest as much next
    year, when the main focus will be on increasing the capacity of the
    network in view of growing number of customers and traffic," he said.

    He said some of the funds will also be used to increase the coverage
    and install new IT systems and platforms enabling creation of new
    services and offers for customers. He said the company will invest
    a little les sin promoting its commercial chain.

    Orange Armenia is a 100 % subsidiary France Telecom (trading as
    Orange). It arrived in Armenia in 2009 November. Now it provides about
    100 percent coverage and access to mobile networks and Internet in
    600 rural and urban communities of the country. -0-

    - See more at:
    http://arka.am/en/news/technology/orange_armenia_invests_268_million_euros_in_armeni a_/#sthash.XAhVLGDA.dpuf




    From: A. Papazian
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