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An application by Armentel submitted to the Commission for Regulation of Public Services to reconsider the current fees for fixed telecommunications was rejected at today’s session. Armen Arshakyan, Head of Tariff Department, briefed that the arguments for price revision advanced by the company are unacceptable. Besides the Commission regards as inadmissible the proposal for incorporating the interest rate of the company’s profit. In his turn the Armentel staff member expressed his dissatisfaction concerning the decision ,noting that the commission grounds concerning the price revision come out of European regulation commission group guarantees and out of the international practice.

General director of “ArmenTel” Oleg Bliznyuk told the journalists, “ ArmenTel will struggle for the new prices”. “We must enter a free market with free prices”, he mentioned. Both “ArmenTel” and the Regulation Commission must come to an agreement concerning the prices within 45 days, which in their turn must be clarified by October 1. We should mention that the company had applied to the Commission on June 1. The application proposes a reduction of prices for long-distance and mobile calls and revision of fixed of fixed telecommunications fees. Specificaly, the monthly fee for physical persons is supposed to be 2040AMD instead of the present 1100 AMD. Some fees have remained unchanged.