Armenian Radio And TV Digitalization Costs Assessed AMD12 Billion

ARMENIAN RADIO AND TV DIGITALIZATION COSTS ASSESSED AMD12 BILLION

PanARMENIAN.Net
May 12, 2010 – 14:47 AMT 09:47 GMT

Digitalization costs for Armenian radio and TV were set at AMD12
billion, according to the head of technical group for broadcast
digitalization, Semyon Aghajanyan.

"Digital broadcasting will cost every company USD300-400 thousand
refundable to the government within 10 years," Semyon Aghajanyan told
a news conference in Yerevan.

RA Deputy Minister of Economy Ara Petrosyan, in turn, added that the
amount of investments necessary will be assessed by the end of 2013,
AMD12 billion being the maximum sum. As he noted, interest-free
crediting from international sources and donor countries is expected.