On Sep 1 Beeline (Armenia) will announce about launch of CDMA network ensuring access to high-speed internet in all regions of the country

ArmInfo. In crisis conditions  telecommunication market of Armenia has lost up to 10 of its income  because of decline of the number of subscribers using services of  mobile and landline connection amid increased demand for internet  services, CEO of Beeline Armenia company Andrey Pyatakhin told  ArmInfo's correspondent. 

Thus, according to him Beeline's income as of the end of last year  declined by 8 to 53.1 bln AMD, which was mainly determined by  decline of profit from landline connection services (by 13 to 27.6  bln AMD), while income from mobile connection services reduced by 4  to 23.7 bln AMD. 

According to Pyatakhin considering this trend the company will  continue to provide new interesting offers and products to its  subscribers. In this context he stated that on September 1 Beeline  will announce about commercial launch of CDMA network, which will  provide access to high speed internet in all the regions of Armenia.  "It is important to note that we are the first to launch CDMA not  only on the country scale but also within VimpelCom", he stressed. 

At the same time the company actively works towards launching IPTV-  new convergent product for the subscribers of landline connection.  "On the current stage we are testing the new product and cooperate  with a lot of partners in order to find the best solution for the  clients", Pyatakhin noted. In overall due to its convergent services  the company manages to remain competitive on the Armenian market in  crisis conditions. The CEO of the company brought as an example  tariff package of NEO services, which reduces subscribers' expenses  to up to 30. "It is the very convergent offer that brings income and  enlarges client base", he stressed.

Pyatakhin informed that as of the results of the previous year  subscriber base of Beeline increased by 80 thousand clients (or by  more than 11). The market invites Beeline to move towards digital  transformation and according to the CEO of the company it has 2 years  for implementing this transition. Under harsh pressure of crisis the  company still managed to retain net income before payment of taxes-so  called EBIDTA index, which reached 18.9 bln AMD in 2015 with 1 y-o-y  growth, while EBIDTA margin increased to 36 from 32 for the  financial year. "Actually, for Beeline this is a great reason to be  proud of", he noted.

To note, ArmenTel CJSC (Beeline brand) is a member of VimpelCom  Group. VimpelCom is one of the world's largest integrated  telecommunications services operators providing voice and data  services through a range of traditional and broadband mobile and  fixed technologies and broadband access to Internet to more than 200  mln subscribers in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan,  Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh,  Pakistan, Zimbabwe.  VimpelCom provides services under the "Beeline",  "Kyivstar", "Wind", "Infostrada", "Mobilink", "Banglalink",  "Telecel", and "Djezzy" brands.