UCOM inks 4G LTE supply contract with Ericsson

17 Mar 2016

Hayk Yesayan, the CEO of Armenian alternative broadband operator UCOM which recently completed the merger and reorganisation of Orange Armenia, has announced that the enlarged company has signed a ‘major contract’ with Ericsson of Sweden for the supply of a new 4G LTE network. Under the deal, UCOM plans to invest USD20 million this year alone, purchasing radio equipment for the new system. Further, Yesayan says that ultimately the altnet’s 4G network will cover more than 95% of the Armenian population, with initial base stations being deployed in Yerevan and the regions.

Earlier this month, CommsUpdate reported a statement from the Armenian economy minister Artsvik Minasyan, who stated that under its planned LTE modernisation programme – which will deliver peak download speeds of up to 375Mbps – UCOM is looking to spend around AMD131.7 billion (USD270 million) in the three-year period 2016-2018, of which AMD38.3 billion will be spent in 2016, AMD44.1 billion in the second year of the programme and AMD49.3 billion in the third. UCOM hopes that around 340 new jobs will be created under the scheme.

Armenia, Ericsson, Ucom, Ucom (formerly Orange Armenia)