ArmInfo. The Board of Governors of one of the leading telecommunication companies in Armenia, Ucom, dismissed Hayk Yesayan, General Director of the company. This is stated in a Ucom official statement released after the Council meeting.
In particular, it was noted that in the future, to ensure smooth operation, together with the new CEO, the company plans to make investments and attract new opportunities. The company has already begun to resolve the situation, which does not provide for a reduction in the staff of employees, especially in the conditions created in the country when communication plays an extremely important role. However, it was noted that Ucom will continue to be an Armenian telecom operator.
At the same time, the company expressed gratitude to the former CEO Hayk Yesayan for his contribution to the history of the creation of the Armenian telecom, expressing the hope that the latter, as a shareholder, will continue to share his experience in the Board of Governors of Ucom.
The candidacy of the new director is not reported. Recall that on the eve of the media it was actively disseminating information from the former management of the company about the dismissal of more than 500 employees who allegedly wrote resignations in connection with the dismissal of Hayk Yesayan, who, together with his brother, owns a 5.94% stake in the company. However, this morning the media received a letter from Ucom employees, in which the latter refute information about the mass dismissal of personnel. Hayk Yesayan, in a letter to ArmInfo, explained the reason for his departure by the misunderstanding that developed between him and Gurgen Khachatryan (head of the board of directors of the company). It is noted that Yesayan offered to buy shares in the company belonging to him and his brother, or to buy shares from other co-owners for 22 billion drams, which he was refused.
Moreover, Yesayan said that his decision to leave the company was motivated by the fact that his candidacy was not considered as the head of the company after the possible merger of Ucom and . Between the Galaxy group, which includes Ucom, and the international company VEON, negotiations are ongoing on the future development of the combined company. The merger case is pending in the antitrust department of Armenia.
ArmInfo. In recent days, Ucom, one of the leading telecommunications operators in Armenia, has become not only an apple of discord between major shareholders and top management, but also a subject of multilateral blackmail, in which both sides, sorting things out and pursuing their own goals, are trying to involve in the issue the state, the company's team and their colleagues-competitors. Unfortunately, the situation in the country due to the coronavirus pandemic is quite favorable for this.
ArmInfo.The current situation at Ucom (the resignation of more than 50 top employees, including senior staff - Ed. note) is not related to the decision of the Public Services Regulatory Commission (PSRC) to consolidate the company with VEON Armenia (Beeline trademark).
ArmInfo.There was no deal to sell Beeline. ArmInfo was informed about this in the press service of the company.
ArmInfo.The State Commission for the Protection of Economic Competition (SCPEC) of Armenia has adopted an application on the merger of the telecommunication companies UCOM and VEON in administrative proceedings. On February 13, after a government meeting, the head of the commission Gegham Gevorgyan told reporters.
ArmInfo. State Commission for the Protection of Economic Competition (SCPEC) of Armenia adopted an administrative proceeding on the concentration of telecommunication companies "Ucom" and "VEON Armenia".