ARMENTEL COMPANY RECEIVES NOTIFICATION FROM RA REGULATORY COMMISSION
YEREVAN, August 11. /ARKA/. The ArmenTel telecommunication company
received a notification from the RA Regulatory Commission, Executive
Director of the company Vasilios Fetsis told journalists. He said that
the company has the right to examine in details the accusations
brought against the ArmenTel, and it is more likely the lawyers of the
company will ask the Commission to give them time to examine the
case. He expressed hope that the Commission will agree with it. At the
same time, Fetsis pointed out that the company is ready to stand upon
its rights and to pay a penalty if ArmenTel’s guilt is proved. The RA
Regulatory Commission intends to hold a meeting to discuss the quality
of the mobile communication provided by ArmenTel on August 12,
2005. The Press-Secretary of the RA Regulatory Commission said to the
ARKA News Agency that the penalty is expected to be in the amount of
1% of the company’s last year turnover. A.A. -0–