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Amentel To Lose All Types Of Monopoly On Oct 1, 2007

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  • Amentel To Lose All Types Of Monopoly On Oct 1, 2007

    AMENTEL TO LOSE ALL TYPES OF MONOPOLY ON OCT 1, 2007

    ARKA
    Jul 13 2007

    YEREVAN, July 13. /ARKA/. The ArmenTel telecommunication company will
    be deprived of all the types of monopoly on October 1, 2007.

    Chairman of the RA Public Services Regulatory Commission Robert
    Nazaryan reported that the demonopolization will result in
    liberalization of the market, which requires new balanced prices.

    In his turn, ArmenTel Director General Oleg Bliznyuk reported that
    the final date for depriving ArmenTel of its monopoly has not actually
    been set.

    "Whether we will be deprived of our monopoly on October 1 or on
    November 1 - this is only the Commission's wish, as no official
    statement has actually been made," he said.

    Bliznyuk pointed out that the company is ready to renounce all types of
    monopoly, "but de jure, as de facto the company will remain monopolist
    on the market."

    In his earlier interviews, Bliznyuk pointed out that ArmenTel will
    renounce the telecommunication monopoly before the end of 2007,
    though the term of the company's monopoly expires only in 2009."

    "After renouncing its monopoly right, ArmenTel is ready for normal
    healthy competition," he said.

    By the end of 2006, ArmenTel had had 608,500 stationary communication
    users and 452,000 mobile communication users.
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