December 14, 2007 - 14:01 AMT
Third cellular operator to enter Armenia in 2008
To ensure a healthy competition in the Armenian cellular market introduction of a third operator is essential, said Robert Nazaryan, chairman of the committee on regulation of public services in Armenia.

"The third operator will be selected via a 90-day international tender to be announced May 1. I think we will know the name of the third operator in August 2008," he said adding that it will improve the quality of services and promote price cut," he said.

The company winner will launch activities after making the essential investments, IA Regnum reports.

Presently, the Armenian cellular market is represented by two companies, namely ArmenTel (a branch of VympelCom) and K-Telecom (VivaCell brand). The number of ArmenTel subscribers makes 446 957, K-Telecom has 1,1 million subscribers.