The leading telecommunications operator in Armenia VivaCell-MTS (“MTS Armenia” CJSC) announces about the acquisition of the assets of the ADC Company (“Armenian Datacom Company” CJSC), through participation in an open auction, in accordance with the provisions set by the Republic of Armenia Law on Bankruptcy.
For the most part, foreign companies control the telecommunications sector in Armenia. They are international holding companies, companies founded by the governments of other governments, as well as companies registered in various offshore zones. Russian companies dominate this sector, just like other economic sectors in Armenia.
It turns out that Sedrak Kocharyan, eldest son of former RA President Robert Kocharyan, is the largest landowner in Talvorik.
Who will come out on top after the upcoming licensing competition
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