ARMENIA DELAYS TENDER FOR THIRD GSM LICENSE
Prime-Tass English-language Business Newswire
May 14, 2008 Wednesday 12:10 PM EET
Armenia has delayed a tender for a third GSM license until at least
June, a source close to country’s Transportation and Communications
Ministry said, RBC Daily reported Wednesday.
The license will cover the entire country and will be issued for 10-15
years. The starting price will be 10 million euros, RBC Daily reported.
Armenia’s two GSM mobile carriers, ArmenTel and K-Telecom, are
subsidiaries of Russia’s VimpelCom and MTS, respectively.
MegaFon, Russia’s third biggest operator, is not interested, a company
spokeswoman told the newspaper.
A third carrier could win an up to a 15% market share, an industry
analyst told RBC Daily.
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