The New Possible Shareholder Of Armentel

THE NEW POSSIBLE SHAREHOLDER OF ARMENTEL

Lragir.am
05 June 06

The Russian cellphone operator MTS is likely to buy 90 percent of
shares of Armentel, which belong to the Greek company OTE. ARKA
News Agency reports that this information was provided by Vladimir
Yevtushenkov, the co-owner of Sistema which is the main shareholder of
MTS. “MTS will not take part in the tender of the shares of Mobi 63,
a Serbian cellphone operator. Sistema bid for buying the shares of
Armentel,” said Yevtushenkov. At the same time, it should be noted
that the Russian experts assess Armentel at 140 million dollars.