Russian VympelCom and Greek OTE have formally sealed the bargain on the purchase of 90% package of ArmenTel’s stocks, VympelCom PR officer Yekaterina Osadchaya said. The state committee on regulation of Armenian public services approved the deal on November 14. The Armenian government is also going to offer VympelCom its 10% package of ArmenTel stocks in exchange for refusal from monopoly on some kinds of communication, including Internet. VympelCom representatives assure the company has reiterated the readiness to refuse from monopoly, reports IA Regnum.
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