Orange Armenia plans to make additional investments of 70
million dollars in 2009
03-02-2009 19:00:00 | Armenia | Economy
YEREVAN, FEBRUARY 3, NOYAN TAPAN. Armenian Prime Minister
Tigran Sargsyan on February 3 received Director General of
France Telecom (Orange Armenia) company Bruno Dutois. Presenting
the activities of France Telecom which is considered one of the
world's leading operators in the communication sector, B. Dutois
said that Orange Armenia is still at the stage of its formation
and intends to finish preparatory work by late 2009 and start
its activities during that period. According to him, in 2009 the
company plans to make additional investments of 70 million USD,
having a purpose of operating not only in the capital city but
also in Armenian marzes (provinces).
T. Sargsyan attached importance to the entrance of France
Telcom into the Armenian market from several points of view:
first, the competition in the communication sector will
increase, thanks to which the consumer will benefit, new
investments will be made and new jobs will be created. This
circumstance is especially important under conditions of the
current financial and economic crisis.
According to the RA Government Information and PR
Department, the French Ambassador to Armenia Serge Smessov and
the Director-Shareholder of Grant Thornton Amyot company Armand
Pinarbasi participated in the meeting.