GETTING MORE EXPENSIVE?

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| 13:46:58 | 29-08-2005 | Social |

“ArmenTel” intends to change several norms as a result of which the
service of the company will become more expensive. Hasmik Chutilyan,
the representative of the company, did not confirm, neither refute
the information about the possible raising of costs of the telephone
service of ArmenTel.

According to the press speaker of ArmenTel, the change of the norms
is conditioned by the demands of the contract according to which on
the first Monday of every September ArmenTel represents an offer of
future activity to the Government.

By now, according to the speaker, the director board works on the
processing of the draft offer. “It is not clear whether the offer to
raise costs will be included in it or not”, said Hasmik Chutilyan.