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Greece´s Intrakom signs 22.8 mln eur deal with Armenia´s VivaCell

ATHENS (AFX) – Greek ITC and defense conglomerate Intrakom announced it had signed a deal with Armenias second largest mobile operator, VivaCell, for the supply of mobile network technology. The first phase of the contract alone is expected to generate revenues of over 22.8 mln eur for Intrakom.

Intrakom will work in co-operation with Alcatel to supply VivaCells new mobile network to cover all of Armenias territory.

At 3.05 pm local time Intrakom was trading down 0.53 pct to 3.76 eur, unable to consolidate earlier gains.

Source: Euro2day NewsWire

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