ORANGE COMPANY OFFERS HIGHEST PRICE FOR RECEIVING LICENCE<br /> OF 3rd MOBILE PHONE COMMUNICATION OPERATOR IN ARMENIA<br />


ORANGE COMPANY OFFERS HIGHEST PRICE FOR RECEIVING LICENCE
OF 3rd MOBILE PHONE COMMUNICATION OPERATOR IN ARMENIA

  • 07-10-2008 19:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 7, NOYAN TAPAN. The tender packages for a licence of the 3rd mobile phone communication operator and permission to use radiofrequences in Armenia were opened on October 6. 3 companies participated in the tender and they offered the following prices: Orange (France Telecom, France) - 51.5 million euros, Digicell, Blackrock Communications (English-Irish consortium) - 45.6 million euros, and Tele2 AB (Sweden) - 31.66 million euros. The tender commission will announce the winner company within the next two days. According to the RA minister of transport and communication Gurgen Sargsian, one important condition of giving a licence is that the winner company must have the opportunity to invest 200 million euros in Armenia within two years after receiving the licence. The winner must register a state company within 10 days after being announced as the winner and will receive its licence in mid December.
  -   Economy