OTE Does Not Disclose Details of Talks on Selling ArmenTelApril 27, 2006 - 17:01 AMT PanARMENIAN.Net - OTE Greek telecommunication corporation does not disclose the details of the talks on selling the 90% of shares of ArmenTel Armenian company, owned by OTE. The Corporation's Press Service stated they have nothing to add to the press release of April 4. We remind that the OTE press release of April 4 said that after consultations with the Armenian Government OTE is considering the opportunity to sell the package of ArmenTel shares it holds.The OTE Press Service did not answer the question who may be the potential buyers and the terms of implementation of the deal. They also refrained from comments on the prospects of pre-sale division of ArmenTel into several parts (fixed and international communication, mobile communication, Internet services), Mediamax reports. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |