Armentel To Lower Mobile Communication Tariffs In Armenia Starting July 1 2005 - Armenia Diaspora Conference Official Site

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Armentel To Lower Mobile Communication Tariffs In Armenia Starting July 1 2005

Yerevan, June 30. /Arka/. ArmenTel telecommunication company will introduce new lowered tariffs for mobile communication services in Armenia starting July 1, 2005.According to the source in the company, all the settlements of accounts with the subscribers will be carried out not in USd, but in Armenian national currency. The cost of 1 minute talk for the holders of Easy Card prepayment system will make AMD 99 instead of AMD 134. The tariff for international (addition to international tariff of ArmenTel) will also be lowered to AMD 99. The sending of SMS will cost AMD 19, against former AMD 27.
According to ArmenTel, the one time guarantee sum for SIM-card holders, paid by the subscriber as prepayment for the card activation and returned to him in 11 months will make AMD 22 thou against AMD 55,2 thou. The monthly subscriber fee for 1st year will make AMD 5 thou (previously - AMD 6676). The cost for all types of local calls is set at AMD 45 against AMD 56 per minute. The cost of 1 minute of international call is lowered from AMD 53 to AMD 30. Sending of SMS will cost AMD 16 instead of former AMD 22.
OTE Greek Telecommunications Company purchased 90% of shares of ArmenTel IN 1997 for $142,47 mln. Till the Ra Government deprivet the company of its exclusive right on November 4, 2004, ArmenTel was the monopolist in the market of mobile communications in Armenia.
Note, starting from July 1, 2005 K-Telecom company with its VivaCell trademark will enter the Armenian mobile communication market. ($1 = AMD 443,22).