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COMMISSION ON PUBLIC SERVICES APPROVES OF THE SALE
Support A1+!The Commission on Public Service Control has approved the deal for OTE's selling its 90% stake in ArmenTel to VympelCom (Russia).
The representative of VympelCom, the candidate for ArmenTel general director Oleg Bliznuk says that the deal will be finalized this week.
Bliznuk notes that VympelCom is negotiating with the Armenian Government over the latter's 10% stake in ArmenTel.
Reminder: Andranik Manoukyan, Minister of Transportation and Communication, announced that RA Government is ready to sell the 10percent stake provided they refuse the right to monopoly.
By the way, VympelCom paid 341 million 888 thousand EUR to OTE for the deal.