After discussions with the Armenian government, Greek telco OTE has revealed that it is seeking a buyer for its 90% stake in Armentel, the country’s dominant fixed line and mobile operator. OTE has expressed willingness in the past towards disposing of the investment, having allegedly found the Armenian business environment less than favourable. According to OTE senior executives, Russian operators and private investment funds have already shown an interest, with cellco MegaFon being one of the companies rumoured to be considering a bid.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors