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ArmenTel Cuts Wholesale Internet Prices; Plans Additional Fibre, 3G

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  • ArmenTel Cuts Wholesale Internet Prices; Plans Additional Fibre, 3G

    ARMENTEL CUTS WHOLESALE INTERNET PRICES; PLANS ADDITIONAL FIBRE, 3G INVESTMENT

    Thursday, 24 September 2009
    Armenia

    ArmenTel, which markets itself under the Beeline banner of its parent
    company Vimpelcom, has announced a 15%-20% reduction in wholesale
    internet access prices, PanARMENIAN.Net reports. The price cut took
    effect on 15 September, following an agreement made with the regulator
    the Public Services Regulation Commission (PSRC).

    ArmenTel's managing director Igor Klimko is also quoted as saying that
    the company intends to increase bandwidth capacity and next year will
    begin making 'significant investments in additional fibre-optic lines',
    including a Vimpelcom-backed plan to connect its Georgian and Armenian
    infrastructures via a unified network. Elsewhere, Vimpelcom's Alexander
    Torbakhov and Boris Nemsic told reporters the firm is looking to
    invest heavily this year to expand its 3G network. Boris Nemsic said:
    'Beeline will make more investments in the next 3-4 months than it
    has already invested over 2009.'
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