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VivaCell Company Denied Information On Stocks Sale

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  • VivaCell Company Denied Information On Stocks Sale

    VIVACELL COMPANY DENIED INFORMATION ON STOCKS SALE

    Arminfo
    2007-03-28 10:59:00

    The mobile phone operator of Armenia VivaCell company does not
    negotiate about sale of its OJSC VimpelCom stocks - as some Armenian
    media reported, Spokesman of VivaCell Vahe Isahakyan told ArmInfo
    correspondent today.

    He pointed out that VivaCell excludes any possibility to sell its
    stocks to any other company. On the contrary, "we declared about
    extension of our mobile network to 1.5 mln subscribers. It means that
    new investments into development of Armenia's telecommunication market
    and new services are expected," V. Isahakyan said. He added that the
    company will enter a new code "094" as the amount of numbers available
    is exhausted.

    CJSC ArmenTel also denied the information on negotiations for sale of
    the stocks. CJSC ArmenTel is a daughter enterprise of OJSC VimpelCom.

    From: Emil Lazarian | Ararat NewsPress
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