Yesayan brothers to create new company called Unet

23 Apr 2020

Hayk and Aleksandr Yesayan, who along with a small management team started Armenian alternative operator Ucom back in 2009, have reportedly announced plans to create a new company called Unet. PanARMENIAN.Net reports that in an online video, Hayk Yesayan said he and his team aim to establish a new venture and has promised to ‘create a better operator than the one we founded twelve years ago’.

Earlier this month the two brothers and several hundred employees resigned after disagreements between senior staff and shareholders who reportedly want to appoint VEON Armenia (Beeline) CEO Andrey Pyatakhin at the helm of Ucom once the two companies merge. The co-founders now own roughly 6% of the altnet and earlier this week it was revealed that they had offered to pay up to AMD34 billion (USD70.2 million) for the 94% of the company they do not own, up from a previous offer of AMD22.1 billion.

Armenia, Ucom