Karabakh-Telecom holds monopoly of stationary, mobile phones in NKR

ARKA News Agency, Armenia
Feb 8 2008

Karabakh-Telecom holds monopoly of stationary, mobile telephone
communication in NKR

STEPANAKERT, February 8. /ARKA/. The NKR Regulatory Commission for
Public Services and Economic Competition has recognized the
Karabakh-Telecom company as holding a monopoly of stationary and
mobile communication in the Nagorno-Karabakh Republic (NKR).

The Commission also considered and approved the order of submitting
financial reports for the Karabakh-Telecom Company, as well as a
coordination plan in electronic communication.

The Commission’s sitting was attended by representatives of the
country’s relevant structures, NGOs and mass media.

The Karabakh-Telecom received a telecommunication license on November
19, 2001. The company launched its activities in February 2002. The
Lebanese investment group Fattouch Group is full owner of the
Karabakh-Telecom Company. -0–

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