ARMENTEL PAYS $400,000 FINE

YEREVAN, SEPTEMBER 5. ARMINFO. The ArmenTel telecom company has paid
to the state budget 157.6 mln AMD (almost $400,000) as a fine.

The press service of the State Commission for Economic Competition
Protection says that the relevant document was submitted to the
commission today.

To remind, Aug 1 2005 the Armenian Government fined ArmenTel for 1%
of its turnover of 2004 ($400,000) for monopoly abuse and low quality
mobile service.