Transport & Communication

VivaCell-MTS mobile operator builds its own optic-fiber networking in Armenia

YEREVAN, January 29. /ARKA/. The Armenian VivaCell-MTS mobile operator is building its own optic-fiber networking in Armenia, the company’s General Director Ralph Yirikian told reporters on Thursday.

He said the company built 100km of its own optic-fiber network in Yerevan in 2008.

“We intend to continue building the network for connecting all base stations to implement programs on data transfer,” said Yirikian.

According to him, connecting the base stations will enable the company to create a network for fast data transfers and will technically create its own system for the future, specifically, for providing broadband Internet services.

“We plan to provide Internet services, but no sooner than in 2010” said Yirikian, at the same tim excluding the possibility of entering the market of fixed connection.

VivaCell-MTS (K-Telecom CJSC) is the leading Armenian mobile operator, providing a wide range of Voice and Data services. Company operates in all regions of Armenia and has a license of GSM 900/1800 standard until 2019.

Mobile TeleSystems (MTS) OJSC, the leading mobile operator in Russia and CIS, holds the 80% of VivaCell-MTS shares with the other 20% of shares held by a Lebanon investing group Fattouch Group.

The number of customers of VivaCell-MTS in Armenia reached 2.02mln in 2008. –0--

 

29/01/2009 20:37



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 02/09/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 365.03 1.29
Euro EUR 1 468.19 3.8
Russian Rоublе RUR 1 11.90 0.08

Favorable еxchange rates of banks 03/09/2010
Currency Buy Sell
USD 366
ProCreditBank
367.5
“ArmSwissBank”
Euro 467
Byblos Bank Armenia
ProCreditBank
472
ArmBusinessBank
Armenian Development Bank
RUR 11.85
"VTB Bank (Armenia)"
BTA Bank
12
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2010-06 106.7
GBP, billion AMD 2010-06 1332
inflation, % 2010-07 103.7
Budget deficit (proficit), bln AMD 2010-06 16.9
trade deficit, mln USD 2010-06 -1281.2
foreign trade turnover, mln USD 2010-06 2116.8
foreign trade turnover, % 2010-06 129.8
Gross External Reserves, mln. USD 2010-06 1780
Monetary base, billion AMD 2010-06 434.5
Money supply, billion AMD 2010-06 786.6

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-06 13.8
Legal entities in USD 2010-06 12.6
Individuals in AMD 2010-06 22.6
Individuals in USD 2010-06 19.2
Anual interests on deposits
Legal entities in AMD 2010-06 8.4
Legal entities in USD 2010-06 7.2
Individuals in AMD 2010-06 9.8
Individuals in USD 2010-06 5.4
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-06 9.6

The percents of the CBA
Indicator Term Figures
Banking rate 2010-07 13
Repo 2010-07 7.25
Credit 2010-07 10.25
Depo 2010-07 4.25



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