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Armentel Deprived Of Yet Another Monopoly

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  • Armentel Deprived Of Yet Another Monopoly

    ARMENTEL DEPRIVED OF YET ANOTHER MONOPOLY

    Noyan Tapan
    Dec 18 2006

    YEREVAN, DECEMBER 18, NOYAN TAPAN. The company ArmenTel has been
    deprived of some of its exclusive rights. The RA Public Services
    Regulatory Commission on December 18 took a decision to make an
    amendment in ArmenTel's licence No 60, liberalizing the international
    transmission of the mobile phone connection and the Internet. The
    two mobile phone operators in Armenia - ArmenTel and K-Telecom were
    instructed to discuss and submit to the commssion an agreement on
    mutual provision of international voice services until February
    1, 2007.

    It was announced at the sitting that after consulting with the
    companies Vympelkom and ArmenTel, the commission will again amend
    the licence until March 1, 2007, taking into account the necessity
    to abolish the exclusive rights reserved for ArmenTel. It was noted
    that Vympelkon has repeatedly stated its intention to renounce the
    exclusive rights reserved for ArmenTel in case of acquiring 90%
    of ArmenTel's shares.
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