Number of international companies with "Armenian roots" acted as  bidders for purchase of "VEON Armenia"

ArmInfo. A number of international companies acted as a bidder for the purchase of "VEON  Armenia" through the Armenian company "Novatel", which was  technically created for this purpose.   Executive director of Novatel  Minas Yerznkyan will inform the journalists about this today.

In an interview with ArmInfo, Yerznkyan emphasized that Novatel has  no affiliated connection with the Russian company of the same name,  and therefore the previously disseminated messages about the interest  of the Russian company in the deal do not correspond to reality. He  also stressed that to disclose the names of foreign companies  interested in buying "VEON Armenia" is still unable to disclose due  to the non- disclosure agreement. The deal has its own logical  step-by-step procedure, and after it passes the company - the  applicants will be named. He only noted that the applicants for the  purchase are businessmen who grew up and received education in  Armenia and want to develop competitive communication services in  their homeland.  Yerznkyan highly appreciated the level of  development and professionalism of the employees of "VEON Armenia",  whose potential is very high. It is able to further develop the 4G  network without high costs, and also begin to introduce 5G.  

To note, the former management of Ucom, which created a new <Team>  company, is also a contender for the purchase of "VEON Armenia". The  transaction price was set at USD 50 million.