Navigate
X
    Emil Lazarian
  • 18 years ago
    • Categories: News

Comstar Buys 75 Pct Of Armenian Telecommunications Groups CallNet, C

COMSTAR BUYS 75 PCT OF ARMENIAN TELECOMMUNICATIONS GROUPS CALLNET, CORNET

Hemscott, UK
Oct 30 2006

LONDON (AFX) – Comstar United TeleSystems, which provides
telecommunication services in Russia and the Commonwealth of
Independent States (CIS), said it has bought 75 pct of CallNet and
its subsidiary Cornet in the Republic of Armenia.

‘This is the first transaction in a pipeline of new acquisitions which
we announced in October 2006 to make use of IPO proceeds in order to
implement our investment programme in the regions,’ said Eric Franke,
CEO of Comstar.

CallNet and Cornet together comprise the second largest alternative
telecommunications group in the Republic of Armenia. Cornet services
76 pct of the banking sector in Armenia.

Financial details of the acquisition were not disclosed. Comstar has
an option to buy out the remaining shares in CallNet.

/item.do?newsId=37142877208879

From: Emil Lazarian | Ararat NewsPress

http://www.hemscott.com/news/latest-news
Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
Related Post
  1. Stand Up to Erdogan’s Assault on Democracy

    National Review Stand Up to Erdogan’s Assault on Democracy          The U.S. and the…

  2. RFE/RL Armenian Report – 05/18/2017

    Thursday, Sarkisian Vows To Work With All Forces As New Parliament Convenes . Ruzanna Stepanian…