PRESIDENT OF ARMENIA MEETS WITH FRANCE TELECOM CEO

ArmInfo
2009-11-05 22:03:00

ArmInfo. Today, President of Armenia Serzh Sargsyan met with CEO
of France Telecom Didier Lombard, his deputy Olaf Swantee, Director
General of Orange Armenia Bruno Duthoit and Ambassador of France to
Armenia Serge Smessow.

The press service of the President quotes Sargsyan as saying: "I
am glad that within such a short period of time we have managed to
implement the first stage of this program. We are keen to have highly
reputed international brands working in Armenia and I am sure that
Orange’s activities will improve not only our communication sector
but the whole business climate in our country."

For his part, Lombard pointed out that it would be impossible to
start the work in Armenia within such a short period of time without
the Armenian president’s support.

Orange Armenia is a subsidiary of France Telecom in Armenia. In Nov
2008 it was granted cellular service license in Armenia. In 2009
Orange investments in Armenia are to amount to about 80 mln EUR,
in 009-2011 – 150 mln EUR. Besides Orange Armenia, there are two
more operators in the republic – ArmenTel CJSC (Beeline brand, a
subsidiary of VimpelCom OJSC) and K-Telecom CJSC (VivaCell-MTS brand,
a subsidiary of MTS OJSC).