  OTE May Sell ArmenTel CompanyApril 4, 2006 - 20:32 AMT PanARMENIAN.Net - OTE Greek telecommunication group considers the possibilities of selling 90% shares of ArmenTel it holds, the OTE reported on Tuesday. "After consultations with the Armenian Government the OTE announced that it has began consideration of opportunities for selling 90% shares of ArmenTel it holds," the OTE release says. HSBC Bank is the consultant in the deal, the group added. The OTE bought 90% of shares of ArmenTel Armenian company in the end of 1997, also acquiring monopoly for telecommunication services for 15 years, Reuters reports. Meanwhile, hearsay that spread in Armenia lately said Megafon Russian company may buy ArmenTel.  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 |  Related sections 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. |
