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Armentel To Cut Internet Prices For Local Providers

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  • Armentel To Cut Internet Prices For Local Providers

    ARMENTEL TO CUT INTERNET PRICES FOR LOCAL PROVIDERS
    Michael Lacquiere

    World Markets Research Centre
    Global Insight
    June 30, 2008

    Armentel has indicated that it will reduce the price of internet
    traffic in order to enable cheaper services to local providers. The
    company has agreed with the country's Ministry of Transport and
    Communications to negotiate with international operators, according to
    Operation Director Alexander Birman, as quoted in ARKA. The company's
    new internet prices will be announced in August 2008, according to
    Anush Beglovan, the head of public relations.

    Significance:Armentel has now come under pressure from Armenia's
    State Commission for Protection of Economic Competition (SCPEC)
    to provide its "Hi-Line" internet services to internet providers
    within 15 days. Should there be problems in making the necessary
    investments to expand communication channels, SPCEC would consider
    allowing providers to purchase equipment and install it on Armentel's
    network under rent conditions. Armentel's Birman has indicated
    that the company is prepared to lease its network if the necessary
    technical and organisational conditions are in place. Regulatory
    pressure gradually seems to be impacting on the Armenian market,
    allowing greater competition in the internet sector as alternative
    operators vie to gain access to the infrastructure of the incumbent
    and former monopolist.
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