Fixed and mobile operator ArmenTel (trading as Beeline) has announced that it is digitising its fixed telecommunication network in the country’s Aragatsotn province, specifically serving Mastara, offering inhabitants there high-quality fixed line services and broadband internet access. ArmenTel is working hard to upgrade its networks and in October 2012 it upgraded its exchanges in the regions of Yegvard, Kotayk, and boosted the total length of the cable subscriber network to more than 14,000km at the same date, while the length of its fibre-optic network reached over 3,500km. By late-2013 ArmenTel had completed the full upgrade and digitisation of its PSTN in the capital Yerevan, while on average, the rate exceeds 84% on a country-wide basis.
ArmenTel (Beeline) is a wholly owned subsidiary of Amsterdam-based Vimpelcom Ltd (also known as Vimpelcom Group). As at end-2013 Vimpelcom’s leading shareholders were Russia’s Altimo with 56.2% equity (47.9% voting rights) and Telenor of Norway with 33.0% equity (43.0% voting rights). ‘Minority shareholders’ were listed as holding the remaining 10.8% of equity shares (and 9.2% voting shares).