ARMENIAN MINISTRY OF JUSTICE DOES NOT COMMENT ON POSSIBILITY OF GREEK OTE SELLING ARMENTEL
PanARMENIAN.Net
05.04.2006 02:16 GMT+04:00
/PanARMENIAN.Net/ The Armenian Ministry of Justice does not comment
on the reports that OTE Greek company considers the possibilities of
selling 90% shares of ArmenTel it holds, Spokesperson of the Armenian
Ministry of Justice Ara Saghatelyan told a PanARMENIAN.Net reporter.
Today media reported that OTE Greek telecommunication group considers
the possibilities of selling 90% shares of ArmenTel it holds. “After
consultations with the Armenian Government the OTE announced that it
has began consideration of opportunities for selling 90% shares of
ArmenTel it holds,” the OTE release says.
HSBC Bank is the consultant in the deal, the group added. The OTE
bought 90% of shares of ArmenTel Armenian company in the end of 1997,
also acquiring monopoly for telecommunication services for 15 years.
Meanwhile, hearsay that spread in Armenia lately said Megafon Russian
company may buy ArmenTel.
From: Emil Lazarian | Ararat NewsPress
