YEREVAN, MARCH 26, NOYAN TAPAN. K-Telecom company, an operator in Armenia's communication sector, will not delay the terms of implementation of its programs, Director General of K-Telecom Ralph Yirikian stated on March 25. In his words, the company will continue its programs, taking steps on reducing the expenditures and keeping the level of revenues. R. Yirikian explained that the incomes of subscribers declined due to the financial and economic crisis. The impact of the dram's depreciation is that more financial resources must be collected against the company's services in order to collect the same amount of dollars as previosly for payments to foreign providers of services and suppliers. At the same time, prices of some services have risen in the domestic and foreign markets. In these conditions K-Telecom is trying to keep the level of revenues - not by raising the prices of services, but by reducing and delaying expenditures. It was mentioned that K-Telecom's revenues declined by 13-13.5% in the 4th quarter of 2008 on the same quarter of 2007. Addressing the issue of provision of new services, the director general of the company said that K-Telecom's new - 3G services are now being tested in Yerevan, Gyumri and Vanadzor and it is envisaged to start their provision in a few weeks. In his words, the company has a "rich program" for provision of new services in 2009 as well. K-Telecom currently has about 2 million 65 thousand subscribers.

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