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New Provider On Armenia's Market Of Telecommunication Services

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  • New Provider On Armenia's Market Of Telecommunication Services

    NEW PROVIDER ON ARMENIA'S MARKET OF TELECOMMUNICATION SERVICES

    Arka News Agency, Armenia
    April 28 2007

    YEREVAN, April 28. /ÀÐÊÀ/. New provider Armenian Datacom Company
    (ADC) appeared on the market of Armenia's telecommunication services.

    During the opening ceremony ADC General Director Harold Gritten said
    that the XXI century telecommunication network will operate in Armenia,
    which provides super modern corporative networks with powerful coverage
    and access to the Internet.

    "We are the first company in Armenia which has a license for providing
    public telecommunication services in accordance with new laws and
    regulating orders," he said.

    He said that the founders of the company considered of priority the
    development of infrastructures in accordance with Armenia's economic
    growth.

    "Telecommunication services are of vital importance in the
    implementation of business aims and government orders, which will
    provide Armenia with equal terms with all the partners in the
    availability of modern telecommunication solutions in the commerce
    sector," he said.

    In his turn, RA Minister of Trade and Economic Development Karen
    Chshmarityan pointed out that the arrival of the ADC to the Armenian
    market is a happy event for the country's population, and it testifies
    that the policy of assigning priority status to Armenia's IT-sphere
    showed its results.

    "The coming of a new company to Armenia is a result of consistent
    policy that was directed to encouraging foreign investments and
    creating favourable conditions for them in the country, particularly,
    work of improving systems of electronic communication in the
    IT-sector," he said.

    Chshmarityan said that Armenia's Government is interested in the
    investment project and will salute any similar initiative.

    "I hope that the ADC will become one of the leaders in Armenia
    by providing services and assistance to effective work of economic
    infrastructures, as well as stable communication of local enterprises
    with foreign partners and worthily introducing Armenia to world
    markets," he said.

    Armenian-Norwegian Armenia Datacom Company LLC was founded in Armenia
    in 2006. The company's authorized capital makes EUR 1mln. The share
    participation is not announced.

    --Boundary_(ID_bqVAMfSVf0aWy6LvdsgdAQ) --
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