“ARMENTEL” IS FINED
Today the State Committee for Economic Competition discussed “ArmenTel” case for abusing company’s role. According to the law on “Economic Competition” the Committee fined “ArmenTel” by 2% of the revenues of the previous year (not more than 300 millions AMD).
Remind that the Committee started a procedure against the current company based on the appeals of “Web”, “Arminko”, “CrossNet” internet provider companies.
The Committee provided ArmenTel with 30 days to settle the issue of provision of the 'last mile' to Internet providers, Ashot Shahnazaryan, Chairman of the Committee said at a meeting of the Committee. To recall, providers demand from ArmeTel a right to provide internet services like Hi Line service of ArmenTel. A. Shahnazaryan underlined that provision of the 'last mile' i.e. wires linking home phones and operators meets the RA Law 'On e-communication'. 'It meets the standards of the telecommunication sector in Europe where owners of telecommunication network have been repeatedly fined dozens of millions of euros for refusal to provide Internet-providers the 'last mile'', Shahnazaryan said.