HERE ARE THE 4 COMPANIES INTERESTED IN "ARMENTEL"

A1+
[07:34 pm] 22 June, 2006

Today the Greece company OTE made public the names of the 4 companies
which will have a chance to participate in the 2nd phase of the tender
to buy the 90% shares of "ArmenTel."

The statement of the Greece company says, "Taking into consideration
the orders placed by them OTE sent invitations to the following
companies to participate in the tender of the "ArmenTel" shares." Two
of them are Russian companies, Vimpelcom and Mobile Telesystems
(MTS). Another participant of the tender is ETISALAT- Emirates
Telecommunications Corporation /Istithmar ETV -Emergent Telecom
Ventures, a group of telecommunication companies located in Persian
Gulf.

As for the 4th company, VTEL Holdings / Knightsbridge Associates,
Dimitri Tselepis, representative of OTE didn’t want to tell the RFL/RE
any distinct information and even refused to say in which country it
is located.

"That is not a secret, but everything we wanted to say is put down
in our statement. We know what company it is but I repeat once more
everything is put down in our statement," the representative of
OTE ended.