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ArmenPress
March 23 2005
ARMENTEL VOWS TO INVEST 50 MILLION EUROS TO UPGRADE
TELECOMMUNICATIONS
YEREVAN, MARCH 23, ARMENPRESS: ArmenTel telephone operator pledged
Tuesday to invest around 50 million euros in upgrading Armenia's
telecommunications. ArmenTel' chief executive manager Vasilis Fetsis
told a news conference that some 20 million euros will be invested in
modernizing mobile phone communication, 25 million in improvement of
linear phone services and another 5 million in the development of
information and telecommunications technologies.
Fetsis said the company will try to satisfy the demand for mobile
phones. He charged the company's previous management for failing to
meet this demand especially that it enjoyed exclusive rights in this
service.
He said ArmenTel will continue digitizing liner phone
communication in Yerevan and Gyumri.
March 23 2005
ARMENTEL VOWS TO INVEST 50 MILLION EUROS TO UPGRADE
TELECOMMUNICATIONS
YEREVAN, MARCH 23, ARMENPRESS: ArmenTel telephone operator pledged
Tuesday to invest around 50 million euros in upgrading Armenia's
telecommunications. ArmenTel' chief executive manager Vasilis Fetsis
told a news conference that some 20 million euros will be invested in
modernizing mobile phone communication, 25 million in improvement of
linear phone services and another 5 million in the development of
information and telecommunications technologies.
Fetsis said the company will try to satisfy the demand for mobile
phones. He charged the company's previous management for failing to
meet this demand especially that it enjoyed exclusive rights in this
service.
He said ArmenTel will continue digitizing liner phone
communication in Yerevan and Gyumri.