Announcement

Collapse
No announcement yet.

Russia's VimpelCom And Sistema Bid For OTE's 90 Pct Stake In ArmenTe

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russia's VimpelCom And Sistema Bid For OTE's 90 Pct Stake In ArmenTe

    RUSSIA'S VIMPELCOM AND SISTEMA BID FOR OTE'S 90 PCT STAKE IN ARMENTEL REPORT

    AFX Europe (Focus)
    Jun 08, 2006

    ATHENS (AFX) - Russia's VimpelCom and AFK Sistema are bidding for
    Hellenic Telecom's (OTE) 90 pct stake in ArmenTel, according to
    Russian news agency Novosti.

    It said VimpelCom will take part in the first stage of the tender,
    but will not reveal any details until the tender results are announced.

    OTE said in April it wanted to sell its stake in Armenia's leading
    mobile operator. The Armenian government holds 10 pct in ArmenTel,
    which has about 330,000 customers.

    From: Emil Lazarian | Ararat NewsPress
Working...
X