According To Panorama.Am, Armentel Sold To Russian Company Vympelcom

ACCORDING TO PANORAMA.AM, ARMENTEL SOLD TO RUSSIAN COMPANY VYMPELCOM

YEREVAN, NOVEMBER 3, NOYAN TAPAN. According to the website panorama.am,
ArmenTel company has been sold to the Russian company Vympelcom. The
website informs its visitors that Vympelcom was the first Russian
company whose shares were listed on the New York stock exchange (since
1997). Most of its shares are owned by the Norwegian company Telenor,
one of the world’s telecommunication leaders. Besides, shares are owned
by the following companes: Egerton Capital Ltd, Charlemagne Capital,
Fidelity Internation, DWS Invest Bric Plus, Fidelity Fundseur, Deutsche
Bank AG, Jp Morgan Chase & Go, Brinson Partners, Merill Lynch Invest,
Axa, Pictet Asset Managem, Capital International, Thames River Capital,
Baring Eastern Europe, Raiffeisenosteuropa, Barclays Clobal Inve,
Credit Suisse Asset, and the Russian companies: Telenor East Inv,
Eco Telecom, Tehspetsmonthazh, Rapit LLC, Mitsar LLC, Veltex LLC,
Varkedge LTD, Occidental MGMT, Karino Trading L, Ravenscroft Hold,
Songo LLC and Express Times Ltd.

There have been no official reports to confirm this information. To
recap, a few weeks ago there were reports in the press that ArmenTel
was sold to an Arab company but this information was later refuted.