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France's Orange Wins Armenia Cellular Tender

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  • France's Orange Wins Armenia Cellular Tender

    FRANCE'S ORANGE WINS ARMENIA CELLULAR TENDER

    PanARMENIAN.Net
    07.10.2008 12:30 GMT+04:00

    /PanARMENIAN.Net/ Oragne, a world-famous subsidiary of France Telecom
    has been chosen to become Armenia's third cellular operator after
    submitting the highest bid for a relevant government license, said
    Susanna Tonoyan, a spokesperson for the Armenian Ministry of Transport
    and Communications.

    Orange offered 51.5 million euros ($72 million) for the license, well
    above the government's minimum asking price of 10 million euros. The
    two other bidders, Tele2 AB of Sweden and the British-Irish group
    CEO Blackrock Communications, offered 45.6 million and 31.7 million
    euros respectively.

    Orange will operate with +374 (0) 55 and +374 (0) 95 codes. If by
    the end of the first operation year the operator fails to distribute
    more than 60 per cent of the numbers, the Public Services Regulatory
    Commission of the Republic of Armenia is entitled to appropriate the
    unused ones.

    The new operator will be provided with GSM frequencies and possibility
    of 3G services.
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