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Armenian Ministry Of Justice Does Not Comment On Possibility Of Gree

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  • Armenian Ministry Of Justice Does Not Comment On Possibility Of Gree

    ARMENIAN MINISTRY OF JUSTICE DOES NOT COMMENT ON POSSIBILITY OF GREEK OTE SELLING ARMENTEL

    PanARMENIAN.Net
    05.04.2006 02:16 GMT+04:00

    /PanARMENIAN.Net/ The Armenian Ministry of Justice does not comment
    on the reports that OTE Greek company considers the possibilities of
    selling 90% shares of ArmenTel it holds, Spokesperson of the Armenian
    Ministry of Justice Ara Saghatelyan told a PanARMENIAN.Net reporter.

    Today media reported that OTE Greek telecommunication group considers
    the possibilities of selling 90% shares of ArmenTel it holds. "After
    consultations with the Armenian Government the OTE announced that it
    has began consideration of opportunities for selling 90% shares of
    ArmenTel it holds," the OTE release says.

    HSBC Bank is the consultant in the deal, the group added. The OTE
    bought 90% of shares of ArmenTel Armenian company in the end of 1997,
    also acquiring monopoly for telecommunication services for 15 years.

    Meanwhile, hearsay that spread in Armenia lately said Megafon Russian
    company may buy ArmenTel.

    From: Emil Lazarian | Ararat NewsPress
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