"Megaphone" Third Cell Phone Operator

"MEGAPHONE" THIRD CELL PHONE OPERATOR

Panorama.am
19:13 31/01/2008

"Megaphone" CSJC may become the cell phone third operator in
Armenia. According to Maxim Savatin, the expert of "iKS-Consulting"
company said that it is planned to invest money and to broaden the
sphere of their activities.

According to the expert, probably "Megaphone" should move to CIS
countries, as much more is needed to get foreign countries. "Possibly
"Megaphone" plans to come to Armenia, as it is several years they
the idea is discussed within the company. "Megaphone" would have
good orientation in Kyrgyzstan and Azerbaijan also. To enter other
countries would be even more difficult, as there markets are also
closed," said the expert.

Yet in December 2007 it was found out that Armenis will have the third
operator. The applications of the third cell phone operator should be
prepared for 1 May 2008. In the basis of international competition
the results will be announced. Shortly the committee will be formed
to set the rules and duties of the competition.

Note: two cell phone operator work in Armenia. The first company is
"ArmenTel" which belongs to Russian "Vimpelcom" by 100% and the second
one is "Vivacell" the head shareholder is Russian MTC.

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