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 Thursday, October 16, 2008

­France Telecom's mobile division, Orange says that it has submitted a bid for the 3rd mobile phone license in Armenia - valued at EUR51 million (US$70 million). Armenia’s Public Services Regulatory Commission (PSRC) announced the tender in July and said that there will be a reserve price of US$16 million for the license and the winner will be required to invest a minimum of US$320 million in the network rollout.

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Armenia currently has two mobile networks, Armentel (majority owned by Russia's VimpelCom) and VivaCell (majority owned by Russia's MTS). Russia's other main operator, Megafon had been regularly cited as the certain winner of the tender - so the shortlist had proven to be a surprise.

The two incumbent operators have confirmed that they will launch 3G services shortly.

Figures from the Mobile World show that the country ended the first half of this year with a shade under 3 million subscribers - representing a population penetration level of 72%.

Source: Cellular News.

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