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Vimpelcom buys 90 pct stake in Armenian telecom operator for 381.9 mln eur
AFX International Focus
November 3, 2006 Friday 2:50 PM GMT
MOSCOW (AFX) - Vimpelcom said it has agreed to buy a 90 pct stake
in the Armenian telecom operator CJSC Armenia Telephone Company from
Greece's Hellenic Telecommmunications (OTE) for 381.9 mln eur in cash
and debt.
Vimpelcom will pay 341.9 mln eur for the company and will assume an
additional 40 mln in debt, it said.
Armentel is a fixed-line and mobile operator in Armenia with around
600,000 fixed-line subscribers and 400,000 GSM subscribers, the
Russian mobile telecoms company said.
From: Emil Lazarian | Ararat NewsPress
AFX International Focus
November 3, 2006 Friday 2:50 PM GMT
MOSCOW (AFX) - Vimpelcom said it has agreed to buy a 90 pct stake
in the Armenian telecom operator CJSC Armenia Telephone Company from
Greece's Hellenic Telecommmunications (OTE) for 381.9 mln eur in cash
and debt.
Vimpelcom will pay 341.9 mln eur for the company and will assume an
additional 40 mln in debt, it said.
Armentel is a fixed-line and mobile operator in Armenia with around
600,000 fixed-line subscribers and 400,000 GSM subscribers, the
Russian mobile telecoms company said.
From: Emil Lazarian | Ararat NewsPress