YEREVAN (Armenpress)–The Armenian government amended on Thursday a license issued to the ArmenTel company that had granted it a monopoly on telecommunications services in Armenia.
Following the "Government vs. ArmenTel" open meeting–and recommendations from chairman of the Armenian Securities Commission Eduard Muradyan–the government repealed the clause in License 60 that had granted ArmenTel a monopoly on Internet access–and amended the clause that had granted the company a monopoly on cellular communications.
At the meeting it was revealed that ArmenTel had regularly violated many points of its license–including those concerning cellular and other means of information communications.
The main question is whether the decision will take effect by the proposed May 31 deadline. This will determine when other companies will enter the Armenian cellular communications market. ArmenTel has taken their case to international arbitration court–but the ruling should precede the government’s decision.