PanArmenian News Network
July 19 2005

INTRACOM SIGNED ~@22.8-MILLION CONTRACT WITH VIVACELL

19.07.2005 04:53

/PanARMENIAN.Net/ INTRACOM has signed a new contract, amounting to
~@22.8M in its first phase, with VivaCell, the trademark of K-Telecom,
which is second largest mobile operator in Armenia, for the
deployment of a mobile network. INTRACOM Company Press Service stated
to .am edition of PanARMENIAN.Net. According to the source, the aim
of the project, which INTRACOM undertook in cooperation with ALCATEL,
is to enable VivaCell to become a strong mobile operator in Armenia
that will provide the most advanced high-quality services to the
Armenian end-users. In particular, within the framework of the
contract, the project provides for the deployment of a complete
“turn-key” mobile network covering the entire territory of Armenia.
It should be noted that INTRACOM Company headquartered in Greece is
one of the main providers of ArmenTel telephone company, which has
concluded a $37-million contract of with INTRACOM in 1999. However,
the Interdepartmental Commission, formed by the Armenian Government
in 2001, has discovered misuse of the financial flows of common
activities of ArmenTel and INTRACOM. It should also be mentioned that
INTRACOM Company was founded by social immigrant Sokratis Kokalis,
who is observed to be in close cooperation with German State Security
Committee. Bundestag respective bodies are dealing with the
wheeler-dealer finance of Sokratis Kokalis and his company. Detailed
information is available in the Library section.