“ARMENTEL” WILL PAY

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| 20:07:43 | 31-08-2005 | Social |

Tomorrow 400 thousand dollars will be paid to the state
budget. “ArmenTel” will finally realize the decision of the Armenian
Economic Competition Defense Committee which was made on August 12.

The Committee fined the Armenian-Greek joint company “ArmenTel” for
bad quality of cellular connection and obliged it to pay the fine of
400 thousand dollars to the state budget within10 days.

“ArmenTel” appealed the decision of the Committee informing that it
has additional arguments. But today the Committee left its decision
unchanged in a closed session. By the way, the session was closed by
the request of the representatives of “ArmenTel”.