Monday, November 18 2013

ArmenTel Company (trademark Beeline) has expanded 3G coverage in the resort town of Dilijian by 30 sq km and significantly improved the quality of 3G connection through installation of up-to-date equipment in the town.  In the course of a press-tour, ArmInfo's correspondent got first hand view of the 3G coverage maps and speed via multimedia devices. At present, the download speed is 2.5 MBs and Upload speed is 1.3MBs.

"At ArmenTel we think that Beeline services must be, first of all, user-friendly and accessible. We ensure this through our tariff plans, clear offers and high-quality telecommunication services. We are pleased to see that on the threshold of winter holidays and leaves, the popular resort of our country will have high- quality 3G coverage and visitors can enjoy modern services of Beeline," says Anush Beghloyan, Head of the Public Relations Office of ArmenTel CJSC. 

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".

By the latest data, the company's total operating revenues for 9 months of 2013 amounted to $107 million or 43.9 bln drams, including $47 mln (1.6 bln drams) mobile data revenues, and $60 million fixed-line broadband revenues.  Capital and administrative expenditures for Q3 2013 amounted to $12 million. EBITDA margin totaled 42.4% for Q3 2013 versus 43.5% of the same period of 2012. Churn 3 months active base totaled 13.5% versus 19.7% for the first 3 months of 2012.

According to the Rating of the Top Marketing and Service Enterprises of Armenia prepared by ArmInfo, ArmenTel's proceeds for 21012 totaled 63.2 bln drams, with gross profits totaling 19.8 bln drams.  VivaCell-MTS Company received 83.1 bln and 22.1 bln drams, respectively. Orange Company received 20.2 bln amd 16.8 bln drams, respectively. ArmenTel leaves behind its rivals by assets.