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Amundi-Akba became a shareholder of Team Telecom Armenia
20 October 2023, Yerevan. Amundi-Acba Asset Management CJSC made a major investment from the assets of the Balanced and Conservative Pension Funds under its management in the equities of Telecom Armenia OJSC by participating in the initial public offering. The company's investment is 20% of the IPO being distributed, which is equivalent to 1,648 billion AMD. This is a precedent in nearly ten years of activity carried out by Armenian pension funds, when funds are directly invested in the real s
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Team Telecom Armenia is undertaking its initial public offering (IPO)
02/06/2023, Yerevan․ "Telecom Armenia" OJSC (trademark: Team Telecom Armenia) has issued and is allocating stocks through a public offering, giving everyone the opportunity to participate in the development of the company, make an investment, share the success and become the shareholder of Team. The company plans to allocate 40 million stocks with a total volume of 8 billion 240 million drams. The offering will be carried out from 7 June to 31 October of this year inclusively. "Team Telecom Ar
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Team Group of Companies has acquired 30% of Georgian SkyTel
31/05/2023, Yerevan, Tbilisi․ Team Group of Companies has acquired 30% of SkyTel, one of the three leading telecommunications operators in Georgia. SkyTel's fixed and wireless Internet is available in more than 2200 settlements in Georgia, covering about 93% of the population. The company uses several international channels to provide Internet and digital television services to subscribers. One of the goals of the deal is the diversification of the infrastructure entering Armenia due to new b
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EWC Armenia Announces the 2022’s National Semifinalists
On July 25, the Entrepreneurship and Product Innovation Center (EPIC) of the American University of Armenia (AUA), the National Organizer of Entrepreneurship World Cup (EWC) in Armenia announced the results of the first judgment round of the competition. From over 110 submitted applications, 99 startup teams had passed the initial screening stage, and 34 were later selected as semifinalists based on the online evaluation of 48 judges from different industry verticals. The National Semifinals o
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EPIC Announces Opening of Applications for EWC Armenia 2022
YEREVAN, Armenia — On June 7, the Entrepreneurship and Product Innovation Center (EPIC) of the American University of Armenia (AUA) announced that Entrepreneurship World Cup (EWC) 2022 applications are now open. EWC is one of the world’s largest and most diverse pitch competitions and entrepreneurship support programs for emerging entrepreneurs. Since its launch in 2019, EWC has supported more than 300,000 participants from 200 countries, aWArded $2 million in cash prizes, an
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Team Telecom Armenia raised funding in the amount of $45 million
31.05.2022, Yerevan. To improve access to high-speed internet and support a strong digital economy in Armenia, Team Telecom Armenia raised a total of $45 million from international financial institutions, IFC and EBRD, and Ameriabank. Team Telecom Armenia will direct this funding for the construction of the region's best 25 Gb/s Next Generation Network in cities and villages of Armenia. Commenting on the launch of the partnership, Chairman of the Board of Team Telecom Armenia Aleksandr Yesayan
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From "ArmenTel" to "Team Telecom Armenia": the first telecom operator is Armenian again
December 3, 2020, Yerevan: On October 29, an agreement WAs concluded between “VEON Group” and “TEAM” LLC, according to which “Veon” Armenia CJSC is transferred to “Team” LLC. During the meeting with journalists, Hayk Yesayan, the General Director of the company, especially noted the following: “It is very gratifying to realize that a truly national telecom operator has finally appeared in Armenia. We intend to direct all the potential of ourselves and our two teams together to the introduction
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VEON has publishsed Group Sustainability Report
VEON Group (HQ in Amsterdam) has published its annual Sustainability Report, which presents the Group progress and positive impact on the communities in countries of its presence. Particularly, the Report outlines the main general economic results, compliance and ethics, environmental activities and social contributions made by the operating companies. As a large international company, VEON has committed to working toWArds contributing to four basic goals of United Nations sustainable developm
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Beeline Startup Incubator is launching its Seventh Batch
Beeline Startup Incubator in collaboration with Business Angel Network of Armenia (BANA) calls for applications for participation in its seventh batch, giving exclusive opportunity to the Armenian Startups to work with the best and renowned mentors to grow and get a place in the market. The deadline for applications is June 1, 2020. The Startups can apply here. The 4-5 best selected Startups will get access to BANA investors’ network and to individual and open meetings with the speakers and me
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Beeline will provide notebooks and connectivity plans for its B2B customers to help organize their remote work
Beeline has created two new post-paid bundles for its current B2B customers – the “Business 365” and “Business 365 Premium”. The bundles offered enable organizations to organize remote work of their employees efficiently by providing all necessary services in one bundle, such as mobile connectivity and internet, landline internet, notebook, and Microsoft Office program package. The “Business 365” bundle of services provides a notebook, up t