UCOM INTERNET ACCESS PROVIDER TO INVEST $8.8 MILLION IN ARMENIA
ArmInfo
2009-10-15 18:41:00
ArmInfo. Armenian Ucom Internet provides to invest 3.4 billion drams
($8.8 million on the current exchange rate) in the telecommunications
sector in Armenia till 2012, Armenian Economy Minister Nerses Yeritsyan
said in the Government on Thursday. He said the company launched
the investment program on September 1 2009. The investments will be
used to lay internet-fiber inside the country to make Internet more
accessible in the country. The government adopted a decision to exempt
the investors of VAT till September 1 2012 to promote investments in
the telecommunications sector, the minister said.
As it was reported earlier, Ucom will start providing IP-television
services started July 1 2009 on the basis of Ericsson technologies. On
the basis of relevant agreement, Ericsson will provide Ucom with a
package of technologies for IP-television. This will allow intensifying
services of video chat, network television and access to multi-target
specialized portal with a big choice of channels of TV broadcasting,
video on-request, e-guide on program and possibility of personal
video recording.