print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all COMSTAR - UTS press releases

COMSTAR - UTS

June 8, 2010

COMSTAR to enhance the coverage of nation-wide WiMAX communication network in Armenia

June 8, 2010, Moscow, Yerevan. COMSTAR – United TeleSystems (OJSC COMSTAR-UTS, LSE: CMST), the leading supplier of integrated telecommunication solutions in Russia and the CIS, and Kornet-AM CJSC, COMSTAR-UTS affiliate, announce an enhancement of the coverage of the WiMAX network in Armenia.

The nation-wide WiMAX network of Kornet-AM CJSC has been launched in June in Kadzharan. In 2008, Kornet-AM became the first Armenian company to implement the concept of a nation-wide telecom network based on WiMax, wireless broadband Internet access technology. Today, its coverage enables to provide services both in Yerevan and 19 largest cities of Armenia (Gyumri, Vanadzor, Abovyan, Ashtarak, Artashat, Echmiadzin, Armavir, Goris, Kapan, Spitak, Alaverdy, Stepanavan, Idzhevan, Dilizhan, Sevan, Gavar, Charentsavan, Razdan, Kadzharan). Technological capabilities ensure accessibility of the services in settlements located within a radius of 20 km from cities of presence, which enables network functioning in rural districts.

The coverage expansion and the installation of a new base station in Kadzharan have been supported by and based on fiber-optic communication network of the GNC-Alpha CJSC. Kornet-AM CJSC intends to develop its partnership, which will provide for a dynamic growth of the company and increase in the quality of services provided.

For reference: Kornet-AM CJSC provides broadband Internet access, data transfer and corporate networking services based on both fixed and wireless telecom technologies, the WiMAX wireless access technology as well as digital local and long-range communication services. In provision of telecom services, Kornet-AM CJSC uses its own and leased fiber-optic and relay communication lines. Subscribers of Kornet-AM CJSC include private and corporate customers – commercial and public organizations, and other carriers. In 2006, Kornet-AM CJSC became a part of the COMSTAR-UTS Group of companies and it represents their interests in Armenia since then.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer