ArmenTel cuts wholesale internet prices; plans additional fibre, 3G investment

24 Sep 2009

ArmenTel, which markets itself under the Beeline banner of its parent company Vimpelcom, has announced a 15%-20% reduction in wholesale internet access prices, PanARMENIAN.Net reports. The price cut took effect on 15 September, following an agreement made with the regulator the Public Services Regulation Commission (PSRC).

ArmenTel’s managing director Igor Klimko is also quoted as saying that the company intends to increase bandwidth capacity and next year will begin making ‘significant investments in additional fibre-optic lines’, including a Vimpelcom-backed plan to connect its Georgian and Armenian infrastructures via a unified network. Elsewhere, Vimpelcom’s Alexander Torbakhov and Boris Nemsic told reporters the firm is looking to invest heavily this year to expand its 3G network. Boris Nemsic said: ‘Beeline will make more investments in the next 3-4 months than it has already invested over 2009.’

Armenia, Team Telecom Armenia (formerly Beeline)