VivaCell Company Denied Information On Stocks Sale

VIVACELL COMPANY DENIED INFORMATION ON STOCKS SALE

Arminfo
2007-03-28 10:59:00

The mobile phone operator of Armenia VivaCell company does not
negotiate about sale of its OJSC VimpelCom stocks – as some Armenian
media reported, Spokesman of VivaCell Vahe Isahakyan told ArmInfo
correspondent today.

He pointed out that VivaCell excludes any possibility to sell its
stocks to any other company. On the contrary, "we declared about
extension of our mobile network to 1.5 mln subscribers. It means that
new investments into development of Armenia’s telecommunication market
and new services are expected," V. Isahakyan said. He added that the
company will enter a new code "094" as the amount of numbers available
is exhausted.

CJSC ArmenTel also denied the information on negotiations for sale of
the stocks. CJSC ArmenTel is a daughter enterprise of OJSC VimpelCom.

From: Emil Lazarian | Ararat NewsPress

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