NEW PROVIDER ON ARMENIA’S MARKET OF TELECOMMUNICATION SERVICES

Arka News Agency, Armenia
April 28 2007

YEREVAN, April 28. /ÀÐÊÀ/. New provider Armenian Datacom Company
(ADC) appeared on the market of Armenia’s telecommunication services.

During the opening ceremony ADC General Director Harold Gritten said
that the XXI century telecommunication network will operate in Armenia,
which provides super modern corporative networks with powerful coverage
and access to the Internet.

"We are the first company in Armenia which has a license for providing
public telecommunication services in accordance with new laws and
regulating orders," he said.

He said that the founders of the company considered of priority the
development of infrastructures in accordance with Armenia’s economic
growth.

"Telecommunication services are of vital importance in the
implementation of business aims and government orders, which will
provide Armenia with equal terms with all the partners in the
availability of modern telecommunication solutions in the commerce
sector," he said.

In his turn, RA Minister of Trade and Economic Development Karen
Chshmarityan pointed out that the arrival of the ADC to the Armenian
market is a happy event for the country’s population, and it testifies
that the policy of assigning priority status to Armenia’s IT-sphere
showed its results.

"The coming of a new company to Armenia is a result of consistent
policy that was directed to encouraging foreign investments and
creating favourable conditions for them in the country, particularly,
work of improving systems of electronic communication in the
IT-sector," he said.

Chshmarityan said that Armenia’s Government is interested in the
investment project and will salute any similar initiative.

"I hope that the ADC will become one of the leaders in Armenia
by providing services and assistance to effective work of economic
infrastructures, as well as stable communication of local enterprises
with foreign partners and worthily introducing Armenia to world
markets," he said.

Armenian-Norwegian Armenia Datacom Company LLC was founded in Armenia
in 2006. The company’s authorized capital makes EUR 1mln. The share
participation is not announced.

–Boundary_(ID_bqVAMfSVf0aWy6LvdsgdAQ) —

From: Emil Lazarian | Ararat NewsPress