{"id":20471,"date":"2020-05-06T12:19:29","date_gmt":"2020-05-06T12:19:29","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=280054"},"modified":"2020-05-06T12:19:29","modified_gmt":"2020-05-06T12:19:29","slug":"veon-drops-armenia-business-sale-talks","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/05\/06\/veon-drops-armenia-business-sale-talks\/","title":{"rendered":"Veon drops Armenia business sale talks"},"content":{"rendered":"

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\tOperator group Veon withdrew from discussions regarding a potential sale of its Armenian unit to rival Ucom, leaving its future in the market uncertain.<\/p>\n

In a brief statement, Veon explained only it had backed away from talks commenced in January [1] regarding its Beeline operation in the country.<\/p>\n

There was little information given at the time or now regarding Veon’s motivation, though the discussions indicated an exit from the country could be on the cards.<\/p>\n

And while Veon did not say why it abandoned the talks, reports of turmoil at Ucom have recently surfaced: in April, Arka News Agency noted staff dissatisfaction at proposed management changes in the event a merger went ahead.<\/p>\n

Ucom co-founder and director general Hayk Yesayan has also recently departed, being replaced by Ara Sergey Khachatryan.<\/p>\n

When details of the talks first emerged, Ucom stated a merger would enable it to improve services and upgrade its infrastructure.<\/p>\n

GSMA Intelligence figures placed Beeline as Armenia’s second-largest operator by connections at end-December 2019, with 947,790, followed by Ucom on 621,049. This compares with the 2.1 million connections of market leader Viva-MTS.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/veon-mulls-armenia-exit\/<\/p>\n\n

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Operator group Veon withdrew from discussions regarding a potential sale of its Armenian unit to …<\/p>\n

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