Armenian fixed and mobile operator ArmenTel, which trades under the Beeline banner of its Russian parent Vimpelcom, has selected Ericsson of Sweden to carry out a network expansion project covering a range of technologies, including mobile services. As a result of the network upgrade, the operator will be able to deliver download connection speeds of between 20Mbps and 30Mbps, PanArmenian.net reports.
TeleGeography’s GlobalComms Database writes that ArmenTel booked net operating revenues of AMD17 billion (USD46.5 million) in the three months ended 30 June 2010, down 6.5% year-on-year, adversely impacted by an 8.3% decline in revenues at its mobile arm. Turnover for the cellular division slumped to AMD6.7 billion while sales derived from fixed line operations came to AMD10.3 billion. At the end of June this year ArmenTel counted 49,700 broadband internet subscribers, up 158.9% year-on-year, whilst the mobile base expanded 16.7% to 567,000. In addition, 13.3% growth was recorded in monthly mobile minutes of use (MoU) to 270.1 minutes.