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Vivacell to compete with Armentel

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  • Vivacell to compete with Armentel

    Pan Armenian News

    VIVACELL TO COMPETE WITH ARMENTEL

    23.06.2005 05:27

    /PanARMENIAN.Net/ K-Telecom, the second mobile telecommunication operator in
    Armenia, will set about commercial activities in the country. As company
    Director General Ralf Yerikyan stated in the course of a news conference in
    Yerevan, K-Telecom will have VivaCell trademark in Armenia. In Yerikyan's
    words, the Government of Armenia issued the license for providing mobile
    telecommunication services in Armenia to K-Telecom in November 2004. Based
    on the license the company intends to launch its network first of all in
    Yerevan and then in Armavir, Aragatsotn, Kotayk and Gegharkunik regions. In
    his words, the company intends to raise the number of subscribers to 300
    thousand within 3 months. In Yerikyan's words, at the moment K-Telecom has
    invested some $75 in Armenia. He said VivaCell provides two packages of
    services: Alo that provides for payment for conversations in advance, and
    Classic, which is a system of subscriber payment, which also includes a
    corroborative package of services. In his words, the service packages will
    be sold at 1000 sales points. VivaCell subscribers will be able to use SMS,
    VMS and GPRS from the first day. Lebanese entrepreneur Pierre Fattouch is
    the main shareholder of K-Telecom, as well as the Fattouch Investment Group
    founded by his family members. R. Yerikyan did not specify tariffs of the
    services in Armenia. He only said K-Telecom subscribers may encounter some
    problems when making international calls, as ArmenTel still sustains
    monopoly here. In his words, VivaCell subscribers will not pay for received
    calls and will be able to use diverse packages of services based on their
    needs and payment abilities.
    From: Baghdasarian
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