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Armenian Public Services Regulatory Commission And ArmenTel CJSC Agr

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  • Armenian Public Services Regulatory Commission And ArmenTel CJSC Agr

    ARMENIAN PUBLIC SERVICES REGULATORY COMMISSION AND ARMENTEL CJSC AGREE TO LEAVE THE RATES OF THE COMPANY'S SERVICES UNCHANGED

    arminfo
    2007-08-24 14:52:00

    On August 24, the Public Services Regulatory Commission of Armenia
    approved ArmenTel CJSC's offer to leave the rates of the company's
    main and secondary services unchanged.

    PSRC Chairman Robert Nazaryan said that after negotiations the sides
    agreed that the current rates are maximally balanced. He added that the
    rates can be called balanced conditionally as they will be considered
    really balanced after final liberalization of the telecommunication
    market of Armenia since October 1, 2007. R.Nazaryan noted that after
    6 months of work at liberal market, ArmenTel CJSC has the right to
    apply to the Commission to reconsider the rates of the company's
    services. Director General of ArmenTel Oleg Bliznyuk noted that
    the Commission took this decision as a result of consensus, and the
    company intends to reconsider the rates in the future.

    To recall, on July 13, 2007, the PSRC rejected ArmenTel's offer
    to reconsider the current rates and didn't accept the methods of
    calculation of expenses forming the rate. Then Armen Simonyan,
    ArmenTel's marketing director, expressed the company's official
    disagreement with the Commission's decision, as in its calculations
    the company followed the recommendations applied in European countries.

    To note, ArmenTel CJSC is the branch of VimpelCom OJSC.
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