ARMENTEL TO BE FINED
By Ara Martirosian
AZG Armenian Daily #155, 01/09/2005
Telecommunication
The Committee for Economic Rivalry Protection informs that the
administrative action of ArmenTel to review the fining terms was
partially satisfied.
A representative of the company accepted the fact of providing
unqualified telecommunication to the subscribers thus violating RA laws
“On Communication”, “On Consumers’ Rights” and “On Economic Rivalry”.
In view of these violations the Committee did not call off the fine
levied on ArmenTel that amounts to 1 percent of last year’s profit of
the company. ArmenTel has to pay the fine within one day of receiving
the decision of the Committee. In case of refraining from payment,
the state has the right of confiscation.
From: Emil Lazarian | Ararat NewsPress