Orange Armenia posts 46% rise in FY12 turnover

18 Feb 2013

Mobile network operator Orange Armenia posted a 46% year-on-year rise in revenues in full-year 2012 to AMD21 billion (USD51.6 million), from around AMD14 billion in 2011, PanARMENIAN.Net reports its CEO Francis Gelibter as saying. According to TeleGeography’s GlobalComms Database last month Orange Armenia revealed plans to extend the coverage of its network in the following rural areas this year: Ditsmayr, Geghanush, Gomaran, Bnunis (Syunik region) and Antaramut, Kachachut (Lori region). Under the expansion plan, all of the new areas covered will be provisioned with HSPA technology capable of delivering maximum download speeds of 21.6Mbps. At the time its CEO said: ‘[We] started with a [maximum download capacity of] 7.2Mbps on the network and 83% coverage on 5 November 2009, and today I am pleased to state that our services are available to more than 95% of the Armenian population. Moreover, in Yerevan, Gumri and Vanadzor we offer up to 42Mbps [download network speeds], and maximum downloads of 21Mbps in the rest of the country. In addition to the network extension in the aforementioned villages, Orange Armenia will continue to expand its network, with due care for its performance and quality. Even though Orange has over-achieved its coverage obligations under the terms of its licence, I am pleased that we will be able to provide a solution for the villages that are not yet covered by any operator’.

Earlier this month, Orange also confirmed that it had upgraded its 3G+ network to provide maximum 42Mbps download speeds (i.e. DC-HSPA+) in Etchmiadzin – the fourth largest city of Armenia. The other cities currently served with DC-HSPA+ services are Yerevan, Gyumri and Vanadzor, which were all upgraded last year.

Armenia, Ucom (formerly Orange Armenia)