Armentel Will Have No Monopolies From October 1

ARMENTEL WILL HAVE NO MONOPOLIES FROM OCTOBER 1

Lragir.am
24-08-2007 17:01:17

The Public Services Regulatory Commission decided August 24 to
eliminate the Armentel Company’s monopoly in telecommunication,
including fixed-line telephone, trunk communication, mobile
communication except GSM, satellite and mobile radio communication,
as well as VoIP services.

According to the members of the commission, the decision of the PSRC
is dictated by the commitment of Vimpelcom, the owner of Armentel,
assumed on signing the deal when the Armenian government offered to
buy its 10 percent of shares of Armentel in return for monopolies.

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