 GREEK OTE ANNOUNCED 32.2 % DECREASE OF ITS NET PROFITS IN ARMENIA IN 2000March 20, 2001 - 20:34 AMT PanARMENIAN.Net - YEREVAN, March 20. /Mediamax/. Greek Telecommunications Group (OTE) announced that its net profits in Armenia fell by 32.2% in 2000. OTE owns 90 per cent of shares of Armentel Company - the monopolist in the telecommunications sphere of Armenia. At the same time OTE's report, published in Tech Europe, says that Armentel's turnover in Armenia rose 11.5% in 2000. OTE is 49% privately owned, and is in privatization process at present. OTE bought 90% of Armenian Armentel and 20% of Serbian Telecom Srbija in 1997, and 5% of Romanian "Romtelecom" Company in 1998. --0--   Top stories Grigoryan added that the situation around the world and particularly in the region is very difficult. The Armenian Defense Ministry has denied Azerbaijan's accusations of violating the ceasefire. Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
