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Second mobile operator launched in Armenia

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  • Second mobile operator launched in Armenia

    Agence France Presse -- English
    July 2, 2005 Saturday 1:54 AM GMT

    Second mobile operator launched in Armenia

    YEREVAN


    Armenia's second mobile communications operator began working in the
    south Caucasian state Friday, under the Vivacell trademark.

    Vivacell is owned by a Lebanon-based holding, whose major
    shareholder, Pierre Fatouche, also owns Karabakh-Telecom, a mobile
    operator in Azerbaijan's breakaway enclave of Nagorno Karabakh -- a
    largely Armenian-populated republic which won independence in
    1993-1994.

    According to the company's director Ralf Erekyan, Vivacell -- which
    invested over 75 million dollars to set up a network capable of
    servicing 300,000 clients -- would first cover Yerevan and certain
    other regions and complete its coverage over the entire country by
    the end of the year.

    Armenia held a tender for the second mobile operator in November,
    after Yerevan stripped the mobile monopoly from ArmeniTel, 90 percent
    owned by Greece's OTE.

    From: Emil Lazarian | Ararat NewsPress
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