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    Emil Lazarian
  • 20 years ago
    • Categories: News

ArmenTel vows to invest 50m Euros to upgrade telecommunications

ArmenPress
March 23 2005

ARMENTEL VOWS TO INVEST 50 MILLION EUROS TO UPGRADE
TELECOMMUNICATIONS

YEREVAN, MARCH 23, ARMENPRESS: ArmenTel telephone operator pledged
Tuesday to invest around 50 million euros in upgrading Armenia’s
telecommunications. ArmenTel’ chief executive manager Vasilis Fetsis
told a news conference that some 20 million euros will be invested in
modernizing mobile phone communication, 25 million in improvement of
linear phone services and another 5 million in the development of
information and telecommunications technologies.
Fetsis said the company will try to satisfy the demand for mobile
phones. He charged the company’s previous management for failing to
meet this demand especially that it enjoyed exclusive rights in this
service.
He said ArmenTel will continue digitizing liner phone
communication in Yerevan and Gyumri.

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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