ARMENIA’S CRPS RETAINS CURRENT TELECOMMUNICATION RATES UNTIL SEPT 1, 2007
ARKA News Agency, Armenia
Feb 21 2007
YEREVAN, February 20. /ARKA/. The Commission for Regulation of Public
Services of Armenia retained the current rates of ArmenTel Company’s
telecommunication services until September 1, 2007. The CRPS made
this decision on Monday, based on the statement of ArmenTel.
According to this case reporter, head of the CRPS department for
price policy Armen Arshakyan, by this decision the CRPS introduced
changes in its decision as of November 24, 2006, according to which
the rates worked until March 1, 2007.
Arshakyan reported that this extension is due to the fact that
ArmenTel Company is working on new prices to be submitted to the CRPS
for approval. Thus, the current prices will be working until the new
rates take effect.
According to ArmenTel Managing Director, the new telecommunication
rates will be submitted to the CRPS for approval no later than June 1,
2007. Faramazyan hopes the new rates will be approved by the CRPS by
September 1, 2007.
According to the CRPS decision, the monthly subscription fee for
landline telephone service will remain AMD 1,100. 360 minutes will
remain free of charge, the rate from the 361st minute to 1600th minute
will total AMD 5 per minute, and from the 1601st minute it will cost
AMD 9.
The monthly fee for unlimited call time totals AMD 5,160. The
subscription fee for legal entities will remain AMD 4,800, and 360
minutes of free calls.