RUSSIAN COMPANY MTC DENIES REPORTS ABOUT SALE OF 90% OF<br /> ARMENTEL SHARES TO ARAB CONSORTIUM<br />


RUSSIAN COMPANY MTC DENIES REPORTS ABOUT SALE OF 90% OF
ARMENTEL SHARES TO ARAB CONSORTIUM

  • 11-10-2006 16:00:00   | Armenia  |  Economy
YEREVAN, OCTOBER 11, NOYAN TAPAN. The Russian company MTC refuted the information that the Arab consortium Emirates Telecommunications Corporation (ETISALAT)/Istithmar PJSC/Emergent Telecom Ventures (ETV) has won the tender for sale of 90% of ArmenTel company's shares belonging to the Greek company OTE. The spokesman for MTC Kirill Alyardin told Radio Liberty that the company is sure that it will win the tender. "Experts' confidence that MTC will win is based on the fact that MTC is the leader of the Russian mobile communication market so it has enough chances to win this tender. For this very reason we are participating in the tender," he said. According to him, the tender organizers will announce the results at the end of this week.
  -   Economy