Andrey Ponomarev appointed Director for Fixed-line Telephony Network at ArmenTel CJSC

ArmenTel CJSC (brand Beeline) announces appointment of Andrey Ponomarev as Director for Fixed-line Telephony Network. It is a position that was created as part of the company's development strategy. ArmenTel CJSC has separated the fixed-line network in a special unit for sustainable development of infrastructure and introduction of new commercial offers in the market. Andrey Ponomarev has over15 years of experience in the sphere of telecommunications as manager at big telecommunication companies. He has implemented a range of big and successful commercial and technical projects in the segments of fixed-line and mobile
telephony.

"This appointment is very important for me. It is a good opportunity for me to apply my experience and knowledge in development and improvement of ArmenTel's business.  I am sure that the fixed-line telephony unit of the company will manage to offer attractive products and leading technological solutions to the telecommunications market of Armenia," says Andrey Ponomarev.

At company they are sure that the fixed-line telephony will keep successfully developing for Beeline customers throughout the country under management of Andrey Ponomarev.

Andrey Ponomarev started as head of the logistic support at Ural Mobile Networks CJSC in 1997.  In 2003- 2009 Ponomarev headed the subsidiaries of Golden Telecom and VimpelCom in Ural region and the Board of Directors of Agency of Telecommunications CJSC in Perm. In 2009-2012 Andrey Ponomarev occupied the post of Director General at Foratec Communications in Yekateringburg, which was merged with VimpelCom in 2010.

ArmenTel CJSC (Beeline brand) is the subsidiary of VimpelCom Group. The VimpelCom Group consists of telecommunications operators providing voice and data services through a range of wireless, fixed and broadband technologies. The Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armeniaas well as Vietnam and Cambodia, in territories with a total population of about 782 million. The Group companies provide services
under the "Beeline" brand.  VimpelCom was the first Russian company to list its shares on the New York Stock Exchange ("NYSE"). VimpelCom's ADSs are listed on the NYSE under the symbol "VIP". As of MArch 31 2013, the company's subscribers numbered 215 million.