“ARMENTEL” SHARES WILL BE PRESENTED AT STOCK EXCHANGE

The council of directors of the Telecommunication Company “ArmenTel” has made a decision to present its shares at the Armenia stock exchange “Armex”. “The presence of “ArmenTel” in the market of Armenia is a guarantee of serious incomes of potential investors, including Armenia’s citizens”, is stated in the company press release. As “Arka” informs, “ArmenTel”s net profit in 2000 was $4.7 mln compared with $9 mln in 1999.