ArmInfo. One of the leading telecommunications companies Team Telecom Armenia has officially completed its rebranding process, which began with the acquisition of 100% of the shares of Veon Armenia. Henceforth, the company moves to the stage of active implementation of its strategic programs. On May 3 during the opening of the head service center of Team Telecom Armenia on Northern Avenue, General Director of the company Hayk Yesayan said.
In such a short time, the company has done a tremendous job, completing the rebranding process in all 78 branches throughout the Republic, equipped with innovative solutions.
"Almost 1.5 years ago we acquired Beeline, and during this time a complex teamwork was carried out, thanks to which the company was finally renamed into Team Telecom Armenia", he noted. According to the General Director of the company, the rebranding was carried out by Team Telecom Armenia specialists. When asked why the brand was named Team, the head of the company explained that this name reflects the spirit and thought that make it possible to move forward. In particular, he explained that the particle TE is derived from the word "telecom", and AM - "Armenia".
According to Yesayan, the company currently provides the largest volume of services in the country's telecommunications market. However, the changes will be permanent and the range of services will be expanded. In particular, it was noted that during this time the company launched the TeamTV digital television platform and is developing the TeamPay payment application.
During the event, the head of the company also touched upon the newly introduced New Generation Network (NGN), which will allow each subscriber to use the Internet at a speed of 25 Gb /s. According to him, the company aims to provide decent conditions for each subscriber to communicate with the digital world through this network. Yesayan said that the network is already operating in Hrazdan, Jermuk, Kajaran, Gndevaz, and will soon be launched in Dilijan. In Yerevan, about 10,000 subscribers in the administrative district of Davtashen and 42,000 in Arabkir already use the advanced NGN network. Further works on the implementation of the network will be carried out in the center of the capital.
Speaking about the country's telecommunications market, Hayk Yesayan noted that Armenia, in terms of the level of services provided to the final consumer, has moved forward not only in the region, but throughout the world. As an example, he noted that the availability of the Internet in Armenia is better solved than in some European countries and the United States. However, from the point of view of the corporate segment, the head of Team Telecom Armenia noted that there is still a lot of work to be done in this direction. , he concluded.
On October 29, 2020, the deal for the acquisition of 100% of the shares of Veon Armenia by the founders of Team Telecom Armenia, the brothers Hayk and Alexander Yesayan, was completed. As a result, one of the largest telecommunications companies in the country once again became Armenian.