Deadline for ArmenTel bids set for 18 September

14 Sep 2006

Armenia’s Minister of Transport and Communication Andranik Manukyan yesterday announced that the deadline for bids for a 90% stake in national PTO ArmenTel has been set for 18 September 2006. Manukyan told parliament that four international companies have pre-qualified to bid, from an initial total of 15, and will join Armenian-led company, VTEL Consortium Holdings / Knightsbridge Associates in the final auction phase of the process. The four short-listed international firms are Vimpelcom and MTS of Russia, Etisalat of the UAE and another Arab firm, Emergent Telecom Ventures.

Armenia, Team Telecom Armenia (formerly Beeline)