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Armentel Stripped Of Its Monopoly Rights

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  • Armentel Stripped Of Its Monopoly Rights

    ARMENTEL STRIPPED OF ITS MONOPOLY RIGHTS

    Panorama.am
    14:41 01/10/2007

    "ArmenTel" is stripped of all its monopoly rights as of today since
    today the decision of Public Services Regulatory Committee enters
    into force. Adopted on August 24, this decision abolishes exclusive
    rights of ArmenTel in basic and non-basic services, including voice
    over internet service. By doing so, the commission aims to liberalize
    the e-communication market in the republic.

    The decision of the commission was conditioned by an arrangement with
    "VimpelCom" to put down monopoly rights while the company was buying
    "ArmenTel."

    Currently, "VimpelCom" is the sole owner of "ArmenTel" closed joint
    stock company.
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