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RALPH YIRIKIAN: BY PRELIMINARY DATA, VIVACELL-MTS COMPANY'S INVESTMENTS IN 2014 WILL TOTAL NEARLY 11 BILLION DRAMS
by Alexandr Avanesov
ARMINFO
Thursday, December 11, 10:54
VivaCell-MTS Telecommunications Company's investments in 2014 will
total nearly 11 billion drams, by preliminary data, Ralph Yirikian,
VivaCell-MTS General Manager, told ArmInfo.
He recommended converting the amount of investments into U.S. dollars
basing on the exchange rate for late 2013, not the present-day
realities.
"So far, it is early to speak of the final results of investments. It
is necessary to wait until the end of the year. The results for the
passed year are usually summed up in mid-January. We have invested
mainly in modernization of the network and installation of new base
transmission stations," Yirikian said.
He said the work will be continued also in 2015. "We will continue
installing base stations and implementing our social responsibility
program. It is of utmost importance for us to retain our positions
in the market - 60%. We have much work to do and many projects to
implement to that end. From commercial reasons, I cannot unveil these
projects," VivaCell-MTS General Manager said.
VivaCell-MTS (K-Telecom CJSC) is Armenia's leading mobile operator,
having the widest 2G/3.75G/4G network reach and spreading a wide
range of Voice and Data services all across Armenia. Having the best
of the Armenian people interest at heart since its launch on 1st July
2005 and in a short period of time VivaCell-MTS has managed to build
a nationwide network and a considerable customer base. VivaCell-MTS
drives innovation and aims at always being at the forefront of any
development serving the Armenian mobile communications market. The
company follows the guidance provided by ISO 26000 (International
Standard of Social Responsibility). OJSC Mobile telesystems holds an
80pct stake in VivaCell-MTS CJSC, with the remaining 20pct belonging
to Fattouch Group. Lebanon. (The exchange rate for 10 Dec 2013 -
457.31 ASMD/$1USD).
by Alexandr Avanesov
ARMINFO
Thursday, December 11, 10:54
VivaCell-MTS Telecommunications Company's investments in 2014 will
total nearly 11 billion drams, by preliminary data, Ralph Yirikian,
VivaCell-MTS General Manager, told ArmInfo.
He recommended converting the amount of investments into U.S. dollars
basing on the exchange rate for late 2013, not the present-day
realities.
"So far, it is early to speak of the final results of investments. It
is necessary to wait until the end of the year. The results for the
passed year are usually summed up in mid-January. We have invested
mainly in modernization of the network and installation of new base
transmission stations," Yirikian said.
He said the work will be continued also in 2015. "We will continue
installing base stations and implementing our social responsibility
program. It is of utmost importance for us to retain our positions
in the market - 60%. We have much work to do and many projects to
implement to that end. From commercial reasons, I cannot unveil these
projects," VivaCell-MTS General Manager said.
VivaCell-MTS (K-Telecom CJSC) is Armenia's leading mobile operator,
having the widest 2G/3.75G/4G network reach and spreading a wide
range of Voice and Data services all across Armenia. Having the best
of the Armenian people interest at heart since its launch on 1st July
2005 and in a short period of time VivaCell-MTS has managed to build
a nationwide network and a considerable customer base. VivaCell-MTS
drives innovation and aims at always being at the forefront of any
development serving the Armenian mobile communications market. The
company follows the guidance provided by ISO 26000 (International
Standard of Social Responsibility). OJSC Mobile telesystems holds an
80pct stake in VivaCell-MTS CJSC, with the remaining 20pct belonging
to Fattouch Group. Lebanon. (The exchange rate for 10 Dec 2013 -
457.31 ASMD/$1USD).