MegaFon silent on ArmenTel bid

RosBusinessConsulting Database
June 8, 2006 Thursday 8:27 AM EST

MegaFon silent on ArmenTel bid

MegaFon has not submitted a bid for the acquisition of Armenian
telecommunications provider ArmenTel, but considers the asset of
interest, MegaFon’s press secretary Marina Belasheva told RBC.
According to her, Armenia appeals to the company as an area for the
expansion of its network, but so do other countries in the CIS.
However, Belasheva could neither confirm nor comment on allegations
of MegaFon’s participation in the tender.