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Presentations Of The Armenian-Norwegian ADC Telecommunication Compan

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  • Presentations Of The Armenian-Norwegian ADC Telecommunication Compan

    PRESENTATIONS OF THE ARMENIAN-NORWEGIAN ADC TELECOMMUNICATION COMPANY TOOK PLACE IN YEREVAN

    Mediamax News Agency, Armenia
    April 27 2007

    Yerevan, April 27 /Mediamax/. The presentation of the
    Armenian-Norwegian Telecommunications Company "Armenian Datacom
    Company" (ADC) took place in Yerevan today.

    Mediamax reports that according to the Executive Director of ADC Herald
    Griten, the company will be working in the sphere of provision of
    ultramodern corporative network opportunities and high-speed internet
    services in the Armenian capital both for the state establishments
    and private companies.

    President of ADC Khazhak Karayan stated that at present, $3.4mln is
    invested in the company, and by the end of the year $1.5mln more is
    planned to be invested. According to him, the network, installed by
    the company, has no analogues not only in Armenia, but in the whole
    region as well.

    Khazhak Karayan stressed that the company plans to decrease the tariffs
    for internet-services and the services of data transfer for 25%.

    The Minister of Trade and Economic development of Armenia Karen
    Chshmaritian stressed that consecutive work, directed to set up
    auspicious conditions for foreign investments gave its results. The
    Minister voiced hope that ADC will become one of the leading
    IT-Companies of Armenia, assisting the effective activities of the
    economic infrastructures of the country.

    ADC was established in 2006 and is the first joint Armenian-Norwegian
    company.
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