ARMENTEL’S MOBILE SUBSCRIBERS GREW BY 12 PERCENT IN 2014 TO 770,000- CEO

YEREVAN, March 5. / ARKA /. ArmenTel telecom’s CEO (trading as Beeline)
Andrei Pyatakhin said today the number of its mobile subscribers
increased by 11.9% in 2014 to over 770,000. He specified that at the
end of 2013 their number stood at 688,000.

Presenting today the financial results and key achievements of the
company in 2014 Pyatakhin said

the outflow (of subscribers) in the fourth quarter of 2014 was 10.9%,
which was 1.5% less than in the same period of 2013.

ArmenTel is owned fully by Russian VimpelCom. It provides fixed and
mobile telephony and high-speed Internet. -0-