A PYMNTS Company

Armenia: Telcos agree on infrastructure cooperation

By  |  June 1, 2014

Top Armenian telecommunications firms Rostelecom Armenia and ArmenTel have reportedly reached an agreement on how to share ArmenTel’s infrastructure.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Rostelecom announced Friday the companies reached a deal for Rostelecom to lease some of ArmenTel’s infrastructure. The firms have reportedly already sorted out financial details of the agreement.

    According to reports, the companies were facing a dispute about the leasing of the infrastructure; Rostelecom claims ArmenTel attempted to gain excess profits from leasing its infrastructure, because it knew it was the only company in possession of the equipment needed by Rostelecom.

    Full content: ARKA Telecom

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.