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Handset Retailer Expands Operations To Armenia

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  • Handset Retailer Expands Operations To Armenia

    HANDSET RETAILER EXPANDS OPERATIONS TO ARMENIA

    Cellular-News, UK
    Jan 18 2007

    MOSCOW, Jan 18 (Prime-Tass) -- Russia's largest mobile handset retailer
    Euroset has expanded its operations to Armenia, the retailer said in
    a press release Thursday.

    Euroset has opened two outlets in the Armenian capital, Yerevan, and
    plans to operate a total of 30 outlets in the country by the end of
    the year, the retailer said.

    Following the expansion into Armenia, Euroset operates in 11 countries:
    Russia, Armenia, Belarus, Estonia, Kazakhstan, Kyrgyzstan, Latvia,
    Lithuania, Moldova, Ukraine and Uzbekistan.

    Euroset is the largest mobile handset and digital electronics retailer
    in the Commonwealth of Independent States (CIS) and Baltic states,
    having a network of over 5,000 outlets. Euroset's preliminary sales
    soared 79% on the year to U.S. $4.62 billion in 2006.
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