EN
9 August 2001 - 17:46 AMT

ARMENIAN GOVERNMENT HAS REFUSED THE OFFERS OF THE GREEK COMPANY OTE

The “ArmenTel” terms of the per minute payment introduction for phone calls are not acceptable. As “Arka” agency informs, Minister of Justice of RA David Arutyunyan has stated that in his interview to journalists. He has pointed out that ” the problem is more serious and is connected with the assurance of license terms. Arutyunyan has pointed out Armenia’s government and Greek company OTE, owning 90% of shares of “ArmenTel” signed a memorandum for understanding, stipulating mutual concessions, ” which however was not realized”. The Minister has pointed out that according to the memorandum Armenia’s government must re-examine the program of investments, taking into consideration financial claims, but ATE in his turn must restrain from the communication monopoly and define its tariff policy. As Arutyunyan has pointed out, the suggestions made after memorandum signing are not acceptable for the government. The minister also pointed out that” no exact figures of investment were indicated in the memorandum’.