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Monday, 18 July 2005
INTRACOM undertakes new project, worth €22.8M., for VivaCell, second largest mobile operator in Armenia

INTRACOM signed a new contract, amounting to €22.8M in its first phase, with VivaCell, second largest mobile operator in Armenia, for the deployment of a mobile network.

The aim of the project, which INTRACOM undertook in cooperation with ALCATEL, is to enable VivaCell to become a strong mobile operator in Armenia that will provide the most advanced high-quality services to the Armenian end-users. In particular, within the framework of the contract, the project provides for the deployment of a complete "turn-key" mobile network covering the entire territory of Armenia.

This new project strengthens the company's dynamic presence in Southeast Europe, the M. East and N. Africa, which constitutes INTRACOM's main region of focus. Investing in research and innovation, INTRACOM develops technology solutions that have earned the trust of large national as well as private telecom operators.

About INTRACOM

Founded in 1977, listed on the Athens Stock Exchange since 1990 and included in the FTSE/ASE-20 LargeCap index, INTRACOM is the largest multinational Information & Communications Technology (ICT) solutions provider headquartered in Greece. INTRACOM serves the government, telecommunications, defense, banking, and large enterprise market sectors, focusing on Southeast Europe, the Middle East and North Africa. INTRACOM Group's products and services reach 60 countries all over the world.