«I do not know for sure who bought ArmenTel, I do not know the details, but I am sure that our communication quality will enhance. Arab communication is just fabulous,» Armenian Vice-Speaker Vahan Hovhannisyan stated at a news conference in Yerevan. In his words, irrespective of who becomes the next owner of ArmenTel, the most important thing is effectiveness, transparency of the deal and absence of corruption.

90% of ArmenTel shares, that were held by OTE Greek company, according to unofficial reports, are sold to Arab consortium Emirates Telecommunications Corporation (ETISALAT)/Istithmar PJSC/Emergent Telecom Ventures (ETV).