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Orange Armenia Plans To Make Additional Investments Of 70 Million Do

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  • Orange Armenia Plans To Make Additional Investments Of 70 Million Do

    ORANGE ARMENIA PLANS TO MAKE ADDITIONAL INVESTMENTS OF 70 MILLION DOLLARS IN 2009

    Noyan Tapan
    http://www.nt.am?shownews=1011799
    Feb 3, 2009

    YEREVAN, FEBRUARY 3, NOYAN TAPAN. Armenian Prime Minister Tigran
    Sargsyan on February 3 received Director General of France Telecom
    (Orange Armenia) company Bruno Dutois. Presenting the activities
    of France Telecom which is considered one of the world's leading
    operators in the communication sector, B. Dutois said that Orange
    Armenia is still at the stage of its formation and intends to finish
    preparatory work by late 2009 and start its activities during that
    period. According to him, in 2009 the company plans to make additional
    investments of 70 million USD, having a purpose of operating not only
    in the capital city but also in Armenian marzes (provinces).

    T. Sargsyan attached importance to the entrance of France Telcom
    into the Armenian market from several points of view: first, the
    competition in the communication sector will increase, thanks to
    which the consumer will benefit, new investments will be made and
    new jobs will be created. This circumstance is especially important
    under conditions of the current financial and economic crisis.

    According to the RA Government Information and PR Department, the
    French Ambassador to Armenia Serge Smessov and the Director-Shareholder
    of Grant Thornton Amyot company Armand Pinarbasi participated in
    the meeting.
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